Maintenance of financial records by mutawalli
1B.  For the purposes of determining the net annual income of a wakaf or nazar am mentioned in section 61(4) and (5) of the Act, every mutawalli of a wakaf or nazar am must keep, or cause to be kept, proper accounts and records of all receipts, expenditure and investment of moneys belonging to that wakaf or nazar am.
[S 800/2017 wef 01/01/2018]