What records must the Authority maintain under Section 70?

Under Section 70 of the Punjab Environmental Protection and Enforcement Authority (PERA) Act, the Authority is legally obligated to maintain detailed and accurate records of all its financial affairs. This provision ensures that the Authority’s income, expenses, funds, and other financial transactions are properly documented and transparent.

The financial affairs of the Authority include all receipts from fines, government grants, rents, approved fees, and other lawful sources. It also covers expenditures related to enforcement activities, staff salaries, operational costs, rewards, and administrative expenses. By maintaining such records, the Authority demonstrates financial discipline and adherence to public sector financial regulations.

These records are not merely for internal use—they are also subject to audit and inspection by the government or authorized auditors. The goal is to ensure that the Authority’s resources are being utilized lawfully and efficiently. Proper record-keeping also helps prevent misuse of funds, corruption, or mismanagement, promoting transparency and good governance.

Furthermore, financial records play a critical role in budgeting and planning. By analyzing previous financial data, the Authority can forecast its future needs, manage resources effectively, and justify requests for government support if the fund faces a deficit.

Section 70’s requirement aligns with standard public financial management principles, ensuring accountability in every rupee spent or received by the Authority. It also facilitates smooth auditing by the Auditor General or other designated authorities, thereby maintaining the credibility of the institution.

In essence, Section 70 reinforces that every financial activity under the PERA Force Laws must be properly recorded, preserved, and made available for audit. This transparency ensures the financial integrity of the Authority and strengthens public trust in its operations.