(1) Every local body shall keep an account of income, expenditure, bond, interest and other income expenditure in an approved format. The authentic documents in the account should also be kept in a sequential manner.
(2) In addition to the accounts approved in accordance with sub-rule (1), the accounts of special projects operated with foreign aid shall be kept as prescribed by the Comptroller General's Office. Based on that, the details required by the charitable organization should be submitted on time.
(3) Accounting for in-kind assistance, direct payment, turnkey, technical assistance and submission of details shall be kept as specified by the Comptroller General's Office.
(4) The authorized officer should check whether the accounts are updated or not. If there is a subordinate office, he should go to such office himself or appoint other employees to inspect or conduct an internal investigation.
(5) Upon investigation according to this regulation, action shall be taken as follows and information thereof shall be given to the relevant local body:-
(a) In case of exemption from levy of levy on cash and goods, imposition of levy within three days
(b) In case of embezzlement and loss of cash and goods, the amount of the loss shall be recovered within fifteen days and if the recovery is not recovered within fifteen days, it shall be recovered immediately like the government balance in accordance with the prevailing law.