section 102P
Expenditure and accounts
The Karnataka Municipalities and Certain Other Law (Amendment) Act, 2012Infrastructure2012577 sections22 chapters
Chapter IX-A Chapter IX-A
Statutory text
(1) The Board shall have the same financial powers as are exercisable by the Secretary of a department of the State Government. Matters beyond such financial 1[xxx] powers shall be referred by the Board to the State Government for decision. (2) The Board shall keep accounts of all receipts and expenditure and prepare annual account, in a regular manner as per standard accounting norms or in such manner as may be prescribed. 1. Omitted by Act 20 of 2012 w.e.f. 14.3.2012.
1[xxx] powers shall be referred by the Board to the State Government for decision.
- (2) The Board shall keep accounts of all receipts and expenditure and prepare annual account, in a regular manner as per standard accounting norms or in such manner as may be prescribed.
1 Omitted by Act 20 of 2012 w.e.f. 14.3.2012.
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