Amendment status not verified — confirm the current text below against the official source.
(:) The Corporatjon shall, by. such datc in each ycar as may be prwcrib~d, p r o m e prepare aud ,submit:, to the State Government for ..approval an . annual banciai m'mk si;lrrmcni. and r he progtamo!c of wpfk Tor 1 h i succeeding finanoi: I year. (2) The annual financial sti!ement shall show the ntimaredreceipls and expen&- turr during the succeeding financial year in buch form and detailed as may be pres- . , . cribed: . . . , (3) The Corporation shall be competent to make variations in thc programme of wcrk in the course of thc year protpided iba t all such variations and reappropria'tions put OE the sanctioned, budget are broqght to the ,notice of the State Government !?Y a supplementary financial , statement.' , . , ($1 A copy each of, t 1 1 ~ ennyal fioanckl staremcni and the programme . of work and the supslementary financial satement, if any, shall be placed before the State ~aghlahlre as soon as may be akcr their receipt by the State Govcrnment, A ~ u o t s