Chapter VLL REVENUE AND EXPENDITURE

1. (a) all funds which immediately before the declaration and

constitution of the Corporation under sections 3 and 4 of

this Act vestedinthe Municipal area of the Faridabad Complex

1. (b) all money received by or on behalf of the Corporation under

the provision of this Act or of any law for the time being in

force or under any contract;

1. (c) all proceeds of the disposal of property by, or on behalf of the Corporation;
2. (d) all rents accruing from any property of the Corporation;
3. (e) all moneys raised by any tax, rate or cess levied for the purpose of this Act; (f)all fees co llected and all fines levied under this Act or under

any rule, regulation or bye-law made thereunder;

1. (g) all moneys received by or on behalf of the Corporation from the Government or any individual or association of

individuals by way of grant or gift or deposit;

1. (h) all interest and profits arising from any investment of, or from any transactions in connection with, any money

Constituion of

Services to Poor Fund.

Corporation Fund

to be kept in treasury or in a nationalised bank.

Operation of

account with banks.

Payment not to

be made unless covered by a Budget grant.

1. (3) The ownership of all properties, movable or immovable and assets

belonging to the Faridabad Complex Administration shall vest in the Corporation.

1. (4) All liabilities of Faridabad Complex Administration shall be the

liabilities of the Corporation.

1. (5) All actions taken, rights acquired or liabilities incurred by the

(i)all moneys raised by any rent, tax, fine, rate or cess on any person

or any property situated in slum area;

1. (ii) a grant received from the Central/State or any other agency for

1. (iv) all moneys received by or on behalf of Corporation or any source

specifically meant for this fund; and

1. (v) any fund that may be transferred by the Commissioner from the

received by the Commissioner and shall be forthwith paid into any nationalised bank, or in a treasury of the Government or any other bank approved by the

Save as otherwise provided in this Act, no payment shall be made by any bank referred to in section 73 out of the Corporation Fund except on a cheque signed by both,- (a) Officer incharge of the accounts; and (b) the Commissioner or an officer subordinate to him authorised by him in this behalf.

this Act: I.Inserted by Haryana Act 22 of 2009.

1. (a) repayment of money, belonging to contractors or other persons

1. (b) refund of taxes and other moneys which are authorised under this Act;
2. (c) sum payable in any of the following circumstances-
   • (i) under orders of the Government on failure of the Corporation

to take any action as required by the Government; or

1. (ii) under any other enactment for the time being in force; or

1. (iv) under a compromise of any claim, suit or other legal proceedings; or
2. (v) on account of cost incurred in taking immediate action by

life;

1. (d) temporary payment for works urgently required by the

Government in the public interest;

1. (e) sums payable as compensation under this Act or under any rules, regulations or bye-laws made thereunder;
2. (f) expenses incurred by the Corporation on special measures taken

on the outbreak of dangerous diseases;

1. (g) amount payable to Government by way of audit fee.

drawn, as the case may be, is either-

1. (a) required for a purpose or work specifically sanctioned by the

proper authority and covered by a current budget grant; or

1. (b) required for any payment referred to, or specified in section 75.

Procedure when money not covered by a budget grant is expended.

78.(1)The money from time to time credited to Corporation Fund, shallApplication of

b1 · dif11hd,..hCorporation Fund.

Utilization of

Services to Poor Fund.

for works urgently required for public service.

Investment of

surplus money.

Constitution of

special funds.

1. (2) The money referred to in sub-section (1) shall likewise be applied

1. (3) Notwithstanding anything contained in this Act, the moneys

1. (i) 20% of the total revenue income;
2. (ii) 20% of the revenue expenditure; or (iii)25% of the total capital expenditure,

the Corporation.

of this Act as may be so prescribed.

1. (2) The constitution and disposal of such funds shall be effected in

1. (a) the principles which should govern-

1. (ii) the determination of the taxes, duties, tolls and fees

which may be assigned to, or appropriated by the

Corporation;

1. (iii) the grants-in-aidto the Corporationfrom the

Consolidated Fund of the State;

1. (b) the measures needed to improve the financial position of the Corporation;
2. (c) any other matter referred to the Finance Commission by the

Government in the interest of sound finances of the

Corporation.

1. (2) The Government shall cause every recommendation made by the

(1)The Corporation shall not later than the first week of February ofBudget estimates.

every year, adopt for the ensuing year a budget estimate which shall be an estimate

1. (2) The budget estimate adopted under sub-section(1) shall be

Finance Commission.

1. (3) The budget estimate received by the Government under

may deem fit.

1. (4) The budget estimate shall be prepared in such manner and shall

may from time to time during the year-

(i)increase the amount of any budget grant under any head;

1. (ii) make an additional budget grant for the purpose of meeting

any special or unforeseen requirement arising during the

said year;

alter Budget estimates.

and expenditure during the year.

Provisions as to

unexpended budget grant.

MUNICIPAL CORPORATION[1994 : Hr. Act 16

1. (iii) transfer the amount or portion of the amount of the budget

1. (iv) reduce the amount of the budget grant under any head:

1. (2) Every increase in a budget grant and every additional budget

1. (3) The Commissioner may from time to time during the year-
   • (a) reduce the amount of budget grant; or
   • (b) sanction the transfer of any amount within a budget grant:

1. (4) The Commissioner may, from time to time during the year,

1. (2) For the purpose of sub-section (1), the Corporation may either

object.

1994 : Hr. Act 161MUNICIPAL CORPORATION