law: Electricity Regulatory Commissions Act, 1998 
  32. Accounts and audit of Central Commission 
  (1) The Central Commission 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 accounts of the Central Commission shall be audited by
  
  the Comptroller and Auditor-General at such intervals as may be specified by
  
  him and any expenditure incurred in connection with such audit shall be payable
  
  by the Central Commission to the Comptroller and Auditor-General.
  (3) The Comptroller and Auditor-General and any person appointed
  
  by him in connection with the audit of the accounts of the Central Commission
  
  under this Act shall have the same rights and privileges and authority in
  
  connection with such audit as the Comptroller and Auditor-General 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 Central
  
  Commission.
  (4) The accounts of the Central Commission, as certified by the
  
  Comptroller and Auditor-General or any other person appointed by him in this
  
  behalf, together with the audit report thereon shall be forwarded annually to
  
  the Central Government by the Central Commission and the Central Government
  
  shall cause the audit report to be laid, as soon as may be after it is
  
  received, before each House of Parliament.