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10. Examination of Accounts

10. Examination of Accounts:

(1) The Local Authority may, if it deems necessary, cause the accounts of the Association to be examined by an officer appointed by him/her.
(2) For the examination of the accounts pursuant to Sub-section (1), the Local Authority may collect the fee in such a sum as may be determined by him/her not exceeding three per cent of the balance of the Association as shown upon the examination.
(3) It shall be the duty of the official, member and employee of the Association to submit the statement and documents or to answer the questions asked by the officer examining the accounts.
(4) The officer examining the accounts shall have to submit the report of the examination to the Local Authority within the period as prescribed by the    Local Authority; and on the basis of such report, if the Local Authority deems that any property of the Association is embezzled, destroyed or misused by any office- bearer, member or employee of the Association, he/she may take action pursuant to the prevailing laws to recover such loss or damage from such office- bearer,
member or employee.
Provided that, if a crime punishable under the prevailing laws is also committed, he/she shall cause a case to be instituted in accordance with the prevailing law.

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