CHAPTER IX: FINANCE, ACCOUNTS AND AUDIT
60. Grants by Central Government.—
The Central government may, after due appropriation made
by Parliament by law in this behalf, make to the Authority grants and loans of such sums of money as the
Central Government may think fit for being utilised for the purposes of this Act.
61. Authority Fund.—
(1) There shall be constituted a fund to be called the Protection of Plant
Varieties Authority Account and there shall be credited thereto—
(a) all grants and loans made to the Authority by the Central Government under section 60;
(b) all fees received by the Authority and the Registrars except the annual fees determined on the
basis of benefit or royalty under sub-section (1) of section 35;
(c) all sums received by the Authority from such other sources as may be decided upon by the
(2) The Protection of Plant Varieties Authority Account shall be applied for meeting—
(a) the salaries, allowances and other remuneration of the Chairperson, officers and other
employees of the Authority and allowances, if any, payable to the members;
(b) the other expenses of the Authority in connection with the discharge of its functions and for
purposes of this Act.
62. Budget, accounts and audit.—
(1) The Authority shall prepare a budget, maintain proper
accounts and other relevant records (including the accounts and other relevant records of the Gene Fund)
and prepare an annual statement of accounts in such form as may be prescribed by the Central
Government in consultation with the Comptroller and Auditor-General of India.
(2) The accounts of the Authority shall be audited by the Comptroller and Auditor-General of India at
such intervals as may be specified by him and any expenditure incurred in connection with such audit
shall be payable by the Authority to the Comptroller and Auditor-General of India.
(3) The Comptroller and Auditor-General of India and any other person appointed by him in
connection with the audit of the accounts of the Authority shall have the same right and privileges and
authority in connection with such audit as the Comptroller and Auditor-General of India generally has in
connection with the audit of the Government accounts and, in particular, shall have the right to demand
the production of books, accounts, connected vouchers and other documents and papers and to inspect
any of the offices of the Authority.
(4) The accounts of the Authority as certified by the Comptroller and Auditor-General of India or any
other person appointed by him in his behalf together with the audit report thereon shall be forwarded
annually to the Central Government and that Government shall cause the same to be laid before each
House of Parliament.
63. Financial and administrative powers of the Chairperson.—
The Chairperson shall exercise such financial and administrative powers over the functions of the Authority as may be prescribed:
Provided that the Chairperson shall have the authority to delegate such of his financial and
administrative powers as he may think fit to a member or any other officer of the Authority subject to the
a condition that the member or such officer shall, while exercising such delegated powers, continue to be
under the direction, control and supervision of the Chairperson.