Section 5Accounts and Audit

s. 5

5. Accounts and Audit (1) All contributions received under clause (b) of sub-section (2) of section 3 shall be deducted, at the source, from the salaries of the Railway Servants. (2) The [Board] shall maintain the accounts of the Fund. (3) Audit of all sums credited to, and expenditure from, the Fund shall be conducted by such authority and in such manner as may be prescribed.

1. 15. The word “Board” was substituted for the words and comma “Financial Advisor and Chief Accounts Officer, Pakistan Eastern Railway” by section 4 of the Eastern Railway Servants Benevolent Fund (Amendment) Act, 1991 (Act No. IV of 1991)