law: The Warehousing (Development and Regulation) Act, 2007
  38. Accounts and
  
  audit. -
  1.  The
  
  Authority shall maintain proper accounts and other relevant records and prepare
  
  an annual statement of accounts in such form and manner as may be prescribed by
  
  the Central Government in consultation with the Comptroller and Auditor-General
  
  of India.
  2.  The
  
  accounts of the Authority 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
  
  Authority to the Comptroller and Auditor-General.
  3.  The
  
  Comptroller and Auditor-General of India and any other person appointed by him
  
  in connection with the audit of the accounts of the Authority shall have the
  
  same rights, privileges and authority in connection with such audit as the
  
  Comptroller and Auditor-General generally has in connection with the audit of
  
  the Government accounts and, in particular, shall have the right to demand the
  
  production of books of account, connected vouchers and other documents and papers
  
  and to inspect any of the offices of the Authority.
  4.  The
  
  accounts of the Authority 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 Central Government and
  
  that Government shall cause the same to be laid before each House of
  
  Parliament.