law: The Architects Act, 1972.
  
  13.Finances of Council.- 
  (1) There shall be established a Fund under
  
  the management and control of the Council in to which shall be paid all moneys received
  
  by the Council and out of which shall be met all expenses and liabilities
  
  properly incurred by the Council.
  (2) The Council may invest any money for the time being standing to the credit
  
  of the Fund in any Government security or in any other security approved by the
  
  Central Government.
  (3) The Council shall keep proper accounts of
  
  the Fund distinguishing capital from revenue.
  (4) The annual accounts of the Council shall be subject to audit by an auditor
  
  to be appointed annually by the Council.
  (5) As soon as may be practicable at the end
  
  of each year, but no later than the thirtieth day of September of the year next
  
  following, the Council shall cause to be published in the Official Gazette a
  
  copy of the audited accounts and the report of the Council for that year and
  
  copies of the said accounts and report shall be forwarded to the Central
  
  Government.
  (6) The Fund shall consist of-
  (a) all moneys
  
  received from the Central Government by way of grant, gift or deposit;
  (b) any sums received under this Act whether by way of fee or otherwise.
  (7) All moneys standing at the credit of the 
  
  Council which cannot immediately be applied shall be deposited in the State Bank 
  
  of India or in any other bank specified in column 2 of the First Schedule to the 
  
  Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 
  
  1970)