Amendment status not verified — confirm the current text below against the official source.
(1) The Commissioner shall, at the end of every year, submit to the Annual statement by Commissioner. (a) the amount which has been invested during the year under section 155; Priority of payment for interest and repayment of loans over other payment. Attachment of Corporation Fund for recovery of money borrowed from Government. Power to make regulations. Property vested in Corporation and management of public institutions. 464 MUNICIPAL CORPORATION [1994 : Hr. Act 16 (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 156, in or towards discharging loans. (2) A copy of every such statement shall also be submitted to the Government.