Amendment status not verified — confirm the current text below against the official source.
(1) The Standing Committee dealing with wers of finance and taxation, etc. (hereinafter referred to as finance Standing Finance Committee) in addition to the Committee, powers, duties, and function determined under the regulations referred to in Section 22— (a) shall supervise the utilisation of the budget » grants; (b) shall have access to the accounts of the Corporation and may require the Com mis- js sioner to furnish any explanation which it considers to be necessary a3 to the receipts and expenditure of the Municipal Fund ; (c) may conduct a monthly audit of the munici pal accounts and shall be bound to check the monthly abstract of receipts and dis bursements for the preceding month as furnished by the Commissioner ; (d) may recommend to the Corporation the writing off of the amount of any loss of, or of any depreciation caused to, municipal property which appears to the Committee to be irrecoverable. Constitution Whenever in this Act the expression “the of referencesStanding Committee” occurs, it shall unless the con- to Standing text otherwise requires, be deemed to refer to the Committee particular Standing Committee to which the power or duty in connection with which the expressios is used is assigned by this Act or by regulations made by the Corporation. J* Dalegatioa ^5. In any case in which it is provided by this of powers to Act o r a n Y other law that the Commissioner may take C o m m i s* action subject to the approval, sanction, consent or s io n e r by concurrence of a Standing Committee, the Committee Committee?8 m a X’ resolution in writing, authorise him to take action in anticipation of its approval, sanction, consent or concurrence subject to such conditions, if any, as may be specified in such resolution. flection of