Amendment status not verified — confirm the current text below against the official source.
In the principal Act, in section 25-A. for the words "Notified Area Council or or3 =lion Municipal Council*' and "any such Council", tho words '*Municipality" and "the . Municipafity*' shall respectively be substituted. -t lQ. In the principal Act, i 6 ~ section 31-A, the foll~wing section skll be stheti- of- iated, namely:- 31-Am -- -- "31-A. ( I ) I t ~hall be the duty of thc Finance Commission to review the financial position of Samitis and to make recommendations to thc Governor ,as required under Wide 243-1 of the Constitution. (2).The Finance Commission may, for the purposz. of mainiaining 'sound ' h n c j a l positron of Sarnitls, makc such ricommcndations inc;ui;;llg ineaGurcG a ~ d c d for improvement of thz financial position thereof, as it may deem fit. . (3) The Govcrnor tiha11 cause ~vcry such rrco~n~n~nd;iiia~s made by the Finance Commission togcthet with an explanatory mcmcrzndum as to ih!: action taken lhere~n to be Iaid before the Legislarive Assembly."