section 182
Annual statement by trustees
The Madurai City Municipal Corporation Act, 1971Infrastructure1971468 of 491 sections available15 chapters
Chapter VI FINANCE
Statutory text
- (1) The aforesaid trustees 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 180,
- (b) the date of the last investment made previous to the submission of the statement,
- (c) the aggregate amount of the securities in their hands, and
- (d) the aggregate amount which has up to the date of the statement been applied under section 181 in or towards discharging loans.
- (2) Every such statement shall be laid before the council and published.
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