law: Electricity Act, 2003
  104. Accounts and
  
  audit of State Commission.-
  1.     
  
    The
  
  State Commission shall maintain proper accounts and other relevant records and
  
  prepare annual statement of accounts in such form as may be prescribed by the
  
  State Government in consultation with the Comptroller and Auditor-General of
  
  India.
  2.     
  
    The
  
  accounts of the State Commission shall be audited by the Comptroller and
  
  Auditor-General of India at such intervals as may be specified by him and any
  
  expenditure incurred in connection with such audit shall be payable by the
  
  State Commission to the Comptroller and Auditor-General of India.
  3.     
  
    The
  
  Comptroller and Auditor-General of India and any person appointed by him in
  
  connection with the audit of the accounts of the State Commission under this
  
  Act shall have the same rights and privileges and authority in connection with
  
  such audit as the Comptroller and Auditor-General of India generally has in
  
  connection with the audit of Government accounts and, in particular, shall have
  
  the right to demand the production of books, accounts, connected vouchers and
  
  other documents and papers and to inspect any of the offices of the State
  
  Commission.
  4.     
  
    The
  
  accounts of the State Commission, as certified by the Comptroller and
  
  Auditor-General of India or any other person appointed by him in this behalf,
  
  together with the audit report thereon shall be forwarded annually to the State
  
  Government and that Government shall cause the same to be laid, as soon as may
  
  be after it is received, before the State Legislature.