section 165
Annual statement by Commissioner
The Punjab Municipal Corporation Act, 1976Infrastructure1976412 sections21 chapters
Chapter VIII Chapter VIII
Statutory text
165. Annual statement by Commissioner. - (1) The Commissioner shall, at the end of every year, submit to the Corporation a statement showing - (a) the amount which has been invested during the year under section 163; (b) the date of the last investment made previous to the submission of the statement ; (c) the aggregate amount of the securities then in his hand ; and (d) the aggregate amount which has up to the date of the statement been applied under Section 164, in or towards discharging loans. (2) A copy of every such statement shall also be submitted to the Government.
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