section 26
Annual report.
The Kerala Metropolitan Transport Authority Act, 2019General201951 sections7 chapters
Chapter V URBAN TRANSPORT FUND
Statutory text
- (1) The Authority shall prepare for every year a report of its activities during that year and submit such report to the State Government on or before the 1st day of June of the ensuing year.
- (2) The State Government shall cause a copy of the annual report to be laid before the State Legislature as soon as may be after it is submitted.
- (3) The Authority shall at the end of each financial year submit an audited annual statement to the State Government including but not limited to the following,— time.
- (a) amount borrowed or loan raised;
- (b) details of the investment made during the year;
- (c) mode of repayment, including the amount that has been earmarked for the sinking fund;
- (d) amount of securities that have been created or raised;
- (e) any other matter that may be specified by the State Government from time to
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