law: The Protection of Plant Varieties and Farmers' Rights Act, 2001
  62. Budget, accounts
  
  and audit.-
  1.  The
  
  Authority shall prepare a budget, maintain proper accounts and other relevant
  
  records (including the accounts and other relevant records of the Gene Fund)
  
  and prepare an annual statement of accounts in such form 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 of India.
  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 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 the 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 o 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.