Bare ActsThe Nagaland Municipal Act,2001

Section 97

Amendment status not verified — confirm the current text below against the official source.

Annual Statement,- (1) tatement,- (1) The Chief Officer of a Municipality shall, at the end of the every year, submit to the Municipality, a statement showing:- (a) the amount, which has been invested in the Sinking Fund or Funds during the year under section 95; (b) The date of the last investment made prior to the submission of the statement (c) The aggregate amount of the securities then in hand; and (d) The aggregate amount, which has up to, the date of the statement been applied under section 96, in or towards the discharge of loans. (2) A copy of every such statement shall be submitted to the Government.

Section 97 – The Nagaland Municipal Act,2001 | DailyLaw.ai