Amendment status not verified — confirm the current text below against the official source.
(1) The Finance Commission referred :r in Article 243-1 of the Consti- ~onstitut(& *f tution, shall review the financial position of the mu nicipalities and make reccrr- Finanx , , , - , A , mendations to the Governor as to- Comrnbsi~n.~,~, B 4 1 . ~ l ! f ? 13 ,. . (a) the prip&plles. . which . , shov Id govern, -! . , (ij the histrilh tjon befwcen thr Govcrnnmt and the rnt nicip~lilirs rf the' net proceeds cf taxes, duties, tells a r d fees Itvi$bl~ by the Gcvernnent and which are to be apportioned between the ~ I L nicipillit y a.rd r Ec Gr vernn cnt ; " , C I t (ii) the det~rminaiidn d ihc taxes,;& jies, to;is and fcrs vhich pay ,,be assigned to or appropriated by the niun~cipalily ; Ct" (i;i) the grants-jnad to 1 he mu?iciplity from the Consclidatsd Fuud ui the State I , ! , .. <, , (6) the measl: res needed to improve the financial position of !the munid- palitr I : , - L . ' . (c) qny other matter ,referred to !he Firarce Ccn:missic r: 1.y the Gc w r r . r I I ip the interest ors&~.ria finaTb bf thk ht iticiplilies:, , ' I 3 , . I P S . ,,% ,, . . . f a ; ,;>if (2) The Governor shall cause every recommendation made by the:k,fiinanre : . :d:.\ Commiss_ion, under tbis sq.tion together with an exp1ane.tol.y memorandum as to .': J , . ihe action taken thi:reo'n tof5e-laid t)efo$& the Tdmil Nadu Lepislative Asscml3ly. .., ' ..*,I l ~ r l , L - I , I J ' ~ I L ~ *. 1, 2 , . '#>d . , 2 ' , I ' PROPERTY&WORKS, TAXATJON, LICENCE AND FEEL ' ' , . PROPERT,Y AND : WORKS. J-u*'. 4 1 4 1 ::I 3% b 14, b6 rl#:;,21:.uf:i > 1 t:2,-rf 1 , %fJlL.b ,id 18, i 1