Para 2.6.27 — MSO

2.6.27 Whenever scrutiny of the books and accounts of bodies and authorities receiving specific purpose grants or loans is taken up under Section 15 of the Act (vide paragraph 2.6.6), it should be seen that the body/authority has complied with the procedure prescribed for reporting their utilization; that the grants or loans have actually been utilized; and the conditions governing them have been duly observed.