Regulation 1B
Maintenance of financial records by mutawalli
of Administration of Muslim Law (Wakaf and Nazar Am) Rules
Subsidiary LegislationIn forceProvision 3 of 9
Regulation 1B
Amended byS 800/2017 wef 01/01/2018
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.