law: The Science and Engineering Research Board Act, 2008
  13. Accounts and
  
  audit. -
  1.  
  
    The
  
  Board shall maintain proper accounts and other relevant records 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
  
  Comptroller and Auditor-General of India or any other person appointed by him
  
  in connection with the auditing of the accounts of the Board under this Act
  
  shall have the same rights and privileges and the authority in connection with
  
  such audit as the Comptroller and Auditor-General of India has in connection
  
  with the auditing 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 of the office of the Board under this
  
  Act.
  3.  
  
    The
  
  accounts of the Board shall be audited by the Comptroller and Auditor-General
  
  of India annually and any expenditure incurred in connection with such audit
  
  shall be payable by the Board to the Comptroller and Auditor-General.
  4.  
  
  
  
    The
  
  Board shall furnish to the Central Government, before such date as may be
  
  prescribed, its audited copy of accounts together with auditor's report.