Amendment status not verified — confirm the current text below against the official source.
(1) The Chief Municipal Executive Officer/ Municipal Executive Officer shall, after adoption of the financial statement and the balance sheet and the report of the Auditor by the municipality, forward the same to the State Government together with a report of the action taken thereon by the Municipality and shall Sanction of budget Estimate of Municipality. Audit report. placing of Audited Accounts before Municipality. Submission of audited Accounts. also send copies thereof to the Auditor. (2) If there is any difference of opinion between the Auditor and the Municipality or if the Municipal does not remedy the defects or the irregularities mentioned in the report of the Auditor within a reasonable period, the Auditor shall refer the matter to the State Government whose decision thereon shall be final and binding.