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State of West Bengal - Section

Section 48 in The Calcutta University Act, 1979.

48. Annual accounts and Audit. -

(1)The Annual Statement of Accounts of the University shall, after examination by the Syndicate, be subjected to such audit as the State Government may direct.
(2)Such Annual Statement of Accounts shall,together with copies of the audit report thereon, be submitted to the Senate and to the State Government and shall thereupon be published by the Senate.
(3)The University shall have a continuous internal audit, and the report of such audit shall be submitted to the State Government as soon as possible after the end of every financial year.