law: Export-Import Bank of India Act, 1981
  19. Accounts and
  
  audit of Export Development Fund.-
  1.  
  
    The
  
  balance-sheet and accounts of the Export Development Fund shall be prepared in
  
  such form and manner as may be prescribed.
  2.  
  
    The
  
  Board shall cause the books and accounts of the Export Development Fund to be
  
  closed and balanced as on the 31st day of December or such other date in each
  
  year as the Central Government may, by notification in the Official Gazette,
  
  specify:
  Provided that with a view to facilitating the
  
  transition from one period of accounting to another period of accounting under
  
  this sub- section, the Central Government may, by order published in the
  
  Official Gazette, make such provisions as it considers necessary or expedient
  
  for the closing and balancing of, or for other matters relating to, the books
  
  or accounts in respect of the concerned years.
  1.  
  
  
  2.  
  
  
  3.  
  
    The
  
  Export Development Fund shall be audited by one or more auditors appointed by
  
  the Central Government under section 24 who shall make a separate report
  
  thereon.
  4.  
  
    The
  
  provisions of sub-sections (2), (3), (4) and (6) of section 24 shall, so far as
  
  may be, apply in relation to the audit of the Export Development Fund.
  5.  
  
    The
  
  Exim Bank shall furnish to the Central Government, within four months from the
  
  date on which the accounts of the Export Development Fund are closed and
  
  balanced, a copy of the balance-sheet and accounts together with a copy of the
  
  auditors' report and a report on the operation of the Fund during the relevant
  
  year and the Central Government shall, as soon as may be after they are
  
  received by it, cause the same to be laid before each House of Parliament.