Wakf Act,1995

Act No : 43

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Section : Submission of accounts of wakfs.

46. Submission of accounts of wakfs. (1) Every mutawalli shall keep regular accounts. (2) Before the 1st day of May next, following the date on which the application referred to in section 36 has been made and thereafter before the 1st day of May in every year, every mutawalli of a wakf 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 wakf during the period of twelve months ending on the 31 st 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 the wakf: Provided that the date on which the annual accounts are to be closed may be varied at the discretion of the Board. 23

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