9. Finance, Accounts and Audit.

(i) The expenses for setting up the Foundation and its operational activities shall be met by the DDA from Urban Development Fund, other receipts from Central Government, G.N.T.D./ Local Bodies and donations, etc.
(ii) Separate Bank Account shall be opened to record various receipts and payments relating to Delhi Urban Heritage Account. The receipts and payments relating to urban heritages fund shall be classified under Nazul Account-11 as below:
RECEIPT HEAD:
(a) Nazul A/c II
VII-C-Deposits and Advances.
(b) Other suspense items
(ii) Deposits
(c) Other advances-DDA Urban Heritage Fund
(1) Receipts from Central and State Government.
(2) Receipts from Urban Development Fund.
(3) Receipts from DDA - other agencies.
(4) Other receipts/donations.
PAYMENT HEAD
(a) Nazul A/c II
9C-Deposits and Advances.
(iv) Advances.
(1) Other Advances - DDA Urban Heritage Fund.
(1) Payment of Awards
(2) Est. Expenses
(3) Other payments.
(iii) The Foundation shall maintain proper Accounts and other relevant records and prepare annual statement of accounts including the balance sheet in such form as the authority may prescribe.