(1) The accounts of aided colleges shall be audited manually by an agency to be appointed by the competent authority.
(2) The accounts of the aided colleges shall be audited in such manner as may be prescribed.
(3) The agency so appointed shall prepare report of the accounts and submit the same to the competent authority.
(2) The accounts of the aided colleges shall be audited in such manner as may be prescribed.
(3) The agency so appointed shall prepare report of the accounts and submit the same to the competent authority.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definition.Section 3 · No private college to be established or run without prior permission.Section 4 · Publication of list of colleges.Section 5 · Grant-in-aid.Section 6 · Management of private colleges.Section 7 · Restriction on alienation of property of aided colleges.Section 8 · Property to be in the name of educational agency.India Code, Government of India. Text fetched 14 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.