THE KERALA LOCAL FUND AUDIT ACT, 1994
An Act to provide for and to regulate the audit of the local funds under the management or control of certain local authorities in the State of Kerala.
Preamble.- Whereas it is expedient to provide for and to regulate the audit of the local funds under the management or control of certain local authorities in the State of Kerala.
Be it enacted in the Forty-fifth Year of the Republic of India as follows:-
1. Short title and commencement.- (1) This Act may be called the Kerala Local Fund Audit Act, 1994.
(2) It extends to the whole of the State of Kerala. (3) It shall come into force on such date as the Government may by notification in the Gazette, appoint.
2. Definitions.- In this Act, unless the context otherwise requires,-
(a) 'auditor' means the Director of Local Fund Audit and includes any other officer of the Local Fund Audit Department empowered by the Director to perform the functions of an auditor under this Act; (b)'concurrent audit' means continuous audit of accounts of a local authority by auditors specially appointed by the Government by virtue of the powers Conferred on them by the relevant enactments; (c) 'detailed audit' means an audit of accounts of the entire transactions for the whole year or for the period specified by the Director; (d) 'Director' means the Director of Local Fund Audit and includes any person empowered by the Government to perform the functions of the Director of Local Fund Audit; (e) 'Executive authority' means the principal executive officer of a local authority; (f) 'local authority' means - (i) a Municipal Corporation constituted under the Kerala Municipal Corporations Act, 1961 (30 of 1961) or a Municipality Constituted under the Kerala Municipalities Act, 1960 (14 of 1961) or Township specified in section 2 of the Guruvayur Township Act, 1961 (43 of 1961) or a Panchayats constituted or deemed to have been constituted for the local administration of a Panchayat area under the Kerala Panchayats Act, 1964 (32 of 1960) or a Panchayator a Municipality or a Metropolitan Planning Committee or a District Planning Committee constituted in the State in accordance with the provisions in Part IX and Part IXA respectively, of the Constitution of India; (ii) any other authority, body or institution established by or under any law or orders of the Government and responsible for the administration of a local fund; (g) 'local fund' means - (i) a fund administered by a local authority which, though not part of a Government Department, has been established by or under a law or orders of the Government, and (ii) any other fund which the Government may, by notification in the Gazette, declare to be a local fund for the purpose of this Act;