Act Number: 43

Act Name: The Waqf Act, 1995

Year: 1995

Enactment Date: 1995-11-22

Long Title: An Act to provide for the better administration of Auqaf and for matters connected therewith or incidental thereto.

Ministry: Ministry of Minority Affairs

Department:

Section 46: Submission of Accounts of auqaf.
    46. Submission of Accounts of 1[auqaf].--(1) Every mutawalli shall keep regular accounts.
     (2) Before the 3[1st day of July] next, following the date on which the application referred to in section 36 has been made and thereafter before the 3[1st day of July] in every year, every mutawalli of a2[waqf] shall prepare and furnish to the Board a full and true statement of accounts, in such form and containing such particulars as may be provided by regulations by the Board, of all moneys received or expended by the mutawalli on behalf of the 2[waqf] during the period of twelve months ending on the 31st day of March, or, as the case may be, during that portion of the said period during which the provisions of this Act, have been applicable to the2[waqf]:
     Provided that the date on which the annual accounts are to be closed may be varied at the discretion of the Board.
Notes:
1 Subs. by Act 27 of 2013, s. 4, for "wakfs" (w.e.f. 1-11-2013).
2. Subs. by s. 4, ibid., for "wakf" (w.e.f. 1-11-2013).
3. Subs. by s. 27, ibid., for "1st day of May" (w.e.f. 1-11-2013).
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