Annual Statement to be prepared by the Commissioner.

1. (1) The Commissioner shall at the end of each year, prepare a Statement showing:—
   • (a) the amount and date of borrowing of loans raised by the Corporation and the annual loan charges;
   • (b) The loans repaid during the year, and in the case of loans repaid in instalments

or by annual drawings, the amounts repaid during the year and the balance due at the close of the year;

1. (2) Every such Statement shall be laid before a meeting of the Corporation and a copy of such Statement shall be sent to the State Government and to the Director of Accounts of the State of Goa and shall be published in the Official Gazette.