AUDIT

The Auditor/Auditors appointed in accordance with the regulations shall be given access to all the books of the Trade Union and shall verify the annual return with the accounts and vouchers relating thereto and shall thereafter sign the auditor’s declaration appended to form D, indicating separately on that form under his signature or their signatures a statement showing in what respect he/they find the return to be incorrect, unvouched or not in accordance with the Act. The particulars given in this statement shall indicate :-

a] Every payment which appears to be unauthorized by the rules of the Trade Union or contrary to the provisions of the Act.

b] The amount of any deficiency or loss which appears to have been incurred by the negligence or misconduct of any person.

c] The amount of any sum which ought to have been but is not brought to account by any person.

d] Audit of Political Funds

The audit of political funds of a registered Trade Union shall be carried out alongwith the audit of the general account of Trade Union and by the same auditor or auditors.

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