Section 20: Accounts, etc

20. Accounts, etc.__ (1) The 4[Federal Government] shall cause to be maintained a separate account of all amounts received by way of light‑dues, expenses, costs and fines under this Act and of all expenditure incurred for the purposes of this Act, and shall cause such account to be laid before the Central Advisory Committee as soon as possible after the close of each financial year. (2) The 4[Federal Government] shall cause to be laid before the Central Advisory Committee before the close of each financial year a statement of the estimated receipts under, and expenditure for the purposes of, this Act during the forthcoming year. 1Subs. by the Federal Laws (Revision and Declaration) Ordinance,1981 (27 of 1981), s. 3 and Sch. II., for "Customs‑Collector". 2The words “Presidency Magistrate or” omitted by A.O., 1949. 3Subs. by A.O., 1961, Art.2, for “His Majesty” (with effect from the 23rd March, 1956). 4Subs. by F.A.O., 1975, Art.2 and Table, for “Central Government” which was previously amended by A.O., 1937., for “G.G. in C”. 5Subs. by A.O., 1937 for “Gazette of India”. 6The words “a the Govt.” omitted by A.O., 1937 RULES

Effective date: 1927-01-01

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