Section 48B of The Government of Union Territories Act, 1963 — Form of accounts of the Union territory

Bare section text

Official Legislative Text

The accounts of the Union territory shall be kept in such form as the Administrator may, after obtaining advice of the Comptroller and Auditor-General of India and with the approval of the President, prescribe by rules.]

Educational Study Layer

Summary

This section mandates that the financial records of the Union territory must be kept in a specific, standardized format.
The Administrator has the duty to prescribe this form of accounts through official rules.
Before setting these rules, the Administrator is legally required to seek advice from the Comptroller and Auditor-General of India.
The President must also give final approval to the accounting form prescribed by the Administrator.

Practical examples

1The Administrator decides that all spending on primary schools must be listed under a specific code in the territory's digital accounting system after consulting the Auditor-General.

2To ensure transparency, the President approves a new rule proposed by the Administrator that requires all infrastructure loans to be shown in a separate table in the annual accounts.

FAQ

1. Who decides the form in which the territory's accounts are kept under the Act?

Under Section 48B of this Act, the Administrator prescribes the form by rules.

2. Whose advice must the Administrator get before setting account rules under this Act?

Section 48B of this Act requires the Administrator to obtain the advice of the Comptroller and Auditor-General of India.

3. Is the President's approval needed for the account format under the Act?

Yes, Section 48B of this Act states that the Administrator prescribes the form with the approval of the President.

Practice Quiz

Q1.Under Section 48B of this Act, what is the role of the Comptroller and Auditor-General?

Q2.Who has the final authority to approve the rules for the form of accounts under Section 48B?

Q3.How are the account forms officially established under Section 48B?

Q4.Based on Section 48B, which combination of authorities is involved in setting the accounting format?

48APreviousSection 48A Borrowing upon the security of the Consolidated Fund of the Union Territory.49NextSection 49 Audit reports.

←Section 48A Section 49→