Accounts and explained: this guide covers what it means, who it applies to, the step-by-step process, documents required, fees, due dates and penalties in India — so you can stay compliant with confidence and avoid costly mistakes.
Chapter IX deals with the money of the Authority itself. The Central Government may make grants and loans after Parliament appropriates the funds; a separate account holds those grants and the fees the Authority and the Registrars receive; and the accounts are audited by the Comptroller and Auditor-General and laid before Parliament.
Provisions as amended up to the Tribunals Reforms Act, 2021 (in force 4 April 2021); no later amendment as of 3 October 2026. Later notifications should be checked on plantauthority.gov.in.
The Central Government may make grants and loans to the Authority after due appropriation by Parliament (s.60). A fund called the Protection of Plant Varieties Authority Account receives grants, fees received by the Authority and Registrars (except the annual fee under section 35(1)) and other sums (s.61). The Authority prepares a budget and accounts, which are audited by the Comptroller and Auditor-General and laid before Parliament (s.62). The Chairperson exercises the financial and administrative powers prescribed, and may delegate them (s.63).
Section 60: grants by the Central Government
"The Central government may, after due appropriation made by Parliament by law in this behalf, make to the Authority grants and loans of such sums of money as the Central Government may think fit for being utilised for the purposes of this Act." Two points: it is discretionary ("may"), and it needs a parliamentary appropriation.
Section 61: the Authority Fund
Organisations that receive money from, or pay money to, either pool can review their accounting position with our compliance advisory team.
| Sub-section | Provision |
|---|---|
| 61(1) | A fund called the Protection of Plant Varieties Authority Account is constituted |
| 61(1)(a) | Credited: all grants and loans under section 60 |
| 61(1)(b) | Credited: all fees received by the Authority and the Registrars, except the annual fees determined on the basis of benefit or royalty under section 35(1) |
| 61(1)(c) | Credited: all sums received from such other sources as the Central Government decides |
| 61(2)(a) | Applied for salaries, allowances and other remuneration of the Chairperson, officers and other employees, and allowances, if any, payable to the members |
| 61(2)(b) | Applied for the other expenses of the Authority in connection with its functions and the purposes of the Act |
The exception in clause (1)(b) is the dividing line between two pools of money. Application and other fees go to the Authority's own account; the annual retention fee goes to the National Gene Fund under section 45(1)(b). See section 35 and sections 45 and 46.
Section 62: budget, accounts and audit
| Sub-section | Provision |
|---|---|
| 62(1) | The Authority prepares a budget, maintains proper accounts and other relevant records (including the accounts and records of the Gene Fund), and prepares an annual statement of accounts in the form prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India |
| 62(2) | The accounts are audited by the Comptroller and Auditor-General at such intervals as he specifies; audit expenses are payable by the Authority to him |
| 62(3) | The Comptroller and Auditor-General and any person he appoints have the same rights, privileges and authority in connection with the audit as he generally has for Government accounts, including the right to demand production of books, accounts, vouchers and documents and to inspect any of the Authority's offices |
| 62(4) | The accounts, as certified by the Comptroller and Auditor-General or his appointee, with the audit report, are forwarded annually to the Central Government, which causes them to be laid before each House of Parliament |
The Gene Fund's accounts are part of the same duty. The form of the annual statement of accounts is dealt with in a rule inserted in 2012 as rule 74A (G.S.R. 902(E) of 17 December 2012). The rule deals with the form of the annual statement of accounts under section 62(1); its wording is not quoted here. See rules 74 to 76.
Section 63: financial and administrative powers of the Chairperson
"The Chairperson shall exercise such financial and administrative powers over the functions of the Authority as may be prescribed", with a proviso: "the Chairperson shall have the authority to delegate such of his financial and administrative powers as he may think fit to a member or any other officer of the Authority subject to the condition that the member or such officer shall, while exercising such delegated powers, continue to be under the direction, control and supervision of the Chairperson."
Under rule 74 the powers are those of a Head of Department under the General Financial Rules. This sits alongside the general delegation power in section 10; the Chairperson's role as chief executive is in section 7. The specific proviso in section 63 keeps a delegate under the Chairperson's direction, control and supervision.
An invented example: the Chairperson delegates authority to sanction routine office purchases to the Registrar-General. The Registrar-General exercises it, but remains under the Chairperson's direction, control and supervision.
Who is affected
These provisions matter most to those who deal with the Authority as a public body, such as institutions that receive funds from the Gene Fund. A breeder or a farmer need not act on them directly, but they explain why some fees go to the Authority's account and others to the Gene Fund.
Need help understanding the Authority's finances?
If you work with the Authority as a supplier, contributor or grantee, the finance and audit rules here may govern what you must report. Talk to us about compliance advisory.
Key takeaways
- Grants and loans from the Central Government need prior appropriation by Parliament.
- The Authority Account receives grants, fees of the Authority and Registrars (not the annual fee) and other sums.
- The annual fee under section 35(1) goes to the National Gene Fund.
- The Authority's accounts, including the Gene Fund's, are audited by the Comptroller and Auditor-General and laid before Parliament.
- The Chairperson may delegate his financial and administrative powers, while delegates stay under his direction, control and supervision.
Read next
- Section 3: the Authority
- Sections 45-46: the National Gene Fund
- Rules 74-76: financial powers, accounts and certified copies
Disclaimer: Based on the Protection of Plant Varieties and Farmers' Rights Act, 2001 as amended up to the Tribunals Reforms Act, 2021, the PPV&FR Rules, 2003 as amended up to G.S.R. 803(E) of 16 November 2021, and the regulations, rules and scheme named in the article, as published by the PPV&FR Authority and consulted on 3 October 2026. Later notifications should be checked on plantauthority.gov.in. This article is general information, not legal advice; check the official text before acting.