Para 2.6.1 — MSO

2.6.1 Provisions relating to audit of Government Corporations are contained in Subsections (2) and (3) of Section 19 of the Act. Sub-section (2) provides that the duties and powers of the Comptroller and Auditor General in relation to audit of the accounts of corporations (not being companies) established by or under law made by Parliament shall be performed and exercised by him in accordance with the provisions of the respective legislation. The word ‘Legislation’ used in this Sub-section refers not only to parent acts relating to the corporations but also to rules and regulations framed by competent authorities by virtue of the powers vested in them under the relevant Acts of Parliament. The responsibility of the Comptroller and Auditor General for audit under this Subsection is only in respect of those corporations that are specifically required to be audited by him in terms of the applicable legislation.