21. (1) The Secretary shall present to the budget meeting of the Board a report on the work of the Board during the last preceding financial year, together with a budget estimate showing in the form prescribed, the anticipated income and expenditure of the Board during next succeeding financial year. (2) The budget estimate shall, when confirmed by the Board and within such period as may be prescribed by regulations, be forwarded to the Controlling Authority for approval. Thereupon the Controlling Authority will approve the budget estimate as submitted by the Board or he will make such modifications in it as he considers necessary after consulting the Chairman.

22. (1) There shall be constituted a Fund to be called “The Bangladesh Technical Education Fund” to which shall be credited,-(a) all fees realised under any of the provisions of this Act;(b) all sums representing income from endowments or from property owned or managed by the Board for the purposes of this Act;(c) all other sums received by the Board from the Government or any other source for any purpose provided for in this Act. (2) The Fund shall vest in the Board, shall be held by it in trust for the purposes of this Act and shall be administered by it. (3) All moneys payable to the credit of the Fund shall, forthwith, be deposited into a bank, approved by the Board or into a Government treasury.

23. (1) No expenditure shall be incurred from the Fund except for the purposes of this Act and unless such expenditure is provided for in a budget approved by the Controlling Authority under section 21 or is provided for by reappropriation by the Board. (2) Subject to the provisions of sub-section (1), the Fund shall be applied to-(a) payment of the cost of audit,(b) payment of the salaries and allowances to the Chairman and other officers and employees of the Board,(c) payment of all expenses connected with printing of papers, forms, documents, etc., required for carrying out the purposes of the Act,(d) payment of allowances to members of the Board and Committees thereunder,(e) payment of remunerations to such persons as may be appointed by the Board in connection with the work of holding and conducting the Board's Examinations and of publications of the results thereof,(f) payment of contingent and capital expenditure, and (g) payment of any other expenditure incurred by the Board in accordance with, and for the purposes of giving effect to, the provisions of this Act.

24. The Board shall keep accounts of all its receipts and expenditure in the manner and form as may be prescribed.

25. (1) The Accounts of the Board shall be submitted to the Government once every year and examined and audited by an auditor appointed by the Government. (2) It shall be the duty of the Board, and of its officers to afford to the auditor every facility for examination and audit of the accounts of the Board, and to comply with a requisition made by the auditor.

26. (1) The auditor shall submit to the Government a report on the audit of accounts and send a copy of such report to the Board and thereupon the Board shall, within a period to be prescribed, in this behalf forward a copy of the report together with its observation thereon to the Government. (2) Subject to the provisions of section 28, the Government shall take such action on the audit report as it thinks fit.

27. The auditor shall- (a) disallow any payment which is in contravention of any law for the time being in force, and charge it against the persons making or authorising it;(b) charge the amount of any deficiency or loss against the persons by whose default or negligence such deficiency or loss resulted;(c) charge any sum which could have been, but has not been brought into account against the person failing to account for it;(d) in every case of disallowance and charge under this section, certify, in writing, the amount due from the person against whom the charge is made; and(e) send a copy of such certificate to the Board and to the person concerned within 14 days from the date on which the report referred to in sub-section (1) of section 26 is submitted to the Board.

28. (1) Any person from whom an auditor has certified any sum to be due under section 27, may, within one month from the receipt by him of a copy of the certificate, appeal against such order to the Controlling Authority. (2) The Controlling Authority shall, on such appeal, make such order as he thinks fit, after giving the person making the appeal opportunity of being heard and the decision of the Controlling Authority on such appeal shall be final.

29. (1) Every sum certified to be due, under section 27 from any person, shall, within one month from the receipt by such person of a copy of the certificate, and, unless within that period he makes an appeal under section 28, be paid by him into the Fund. (2) The Board may direct that any sum not paid in accordance with the provisions of sub-section (1), or, if an appeal has been made under section 28, such sum, as the Controlling Authority may order to be due, shall be recovered,-(a) in the case of a servant of the Government or an officer or other employee of the Board, by deduction from his salary, in accordance with such conditions as may be prescribed by regulations or as a public demand under the ¹[* * *] Public Demands Recovery Act, 1913;(b) in any other case as a public demand under the Act, referred to in clause (a).