Executive Committee

(1) There shall be an executive committee of the Authority consisting of –

(a) Secretary to Government in charge of Municipal Administration and Urban Affairs department as Chairman; (b) Secretary to Government in charge of Finance Department of Finance Department as Member; (c) Commissioner as Member – Convenor; and (d) Secretaries to Government or heads of Government Departments as nominated by Government not exceeding six in number.

(2) The executive committee may invite any heads of departments of Government of experts as special invitees.

(3) Subject to the general superintendence and control of the Authority shall vest in the executive committee.

(4) The Authority shall make regulations to achieve the object of this Act and standing orders to regulate the procedure to be followed by the executive committee, and in particular, the holding of meetings, the notice to be given of such meetings, the proceedings thereat, the keeping of minutes and the custody, production and inspection of such minutes and the custody, production and inspection of such minutes. (d) whether the financial statements are in agreement with the accounting and other records; (e) whether the receipts, expenditure, investment of moneys, and the acquisition and disposal of assets by the Authority during the financial year have been in accordance with this Act; and (f) such other matters arising from the audit as he considers should be reported. (2) The auditor shall send an annual report of his audit to the Authority not later than 30th September in each year.