Amendment status not verified — confirm the current text below against the official source.
(1) With effect from the date of an order made under section 53,— (a) all members of the Corporation, the Mayor-in-Council and any Committee of the Corporation constituted under this Act shall vacate their respective offices, except in a case where the supersession is partial, and (b) all the powers and the duties, which under the provisions of this Act or any rule, regulation or by-law made thereunder may be exercised or performed by the Corporation or the Mayor-in-Council or any Committee of the Corporation or the Mayor or such other powers and duties as may be specified in the order, shall be exercised or performed, subject to the direction issued by the State Government, by such person or persons as the State Government may appoint in this behalf: Provided that when the State Government appoints more than one person to exercise any powers and perform any duties, it may, by order, allocate such powers and duties among the persons so appointed in such manner as it thinks fit: Power of the State Govern- ment to supersede the Corpo- ration. Conse- quences of super- session. 419 The Asansol Municipal Corporation Act, 1990. [West Ben. Act (Part 111.—Finance.--Chapter VII.—The Municipal Fund, Budget, Loans, Accounts and Audit.—Section 55.) Municipal Fund. Provided further that the State Government shall fix the remuneration of such person or persons and may direct that such remuneration shall in each case be paid out of the Municipal Fund. (2) For the avoidance of doubts it is hereby declared that an order of supersession made under section 53 shall not effect or imply in any way the dissolution of the Corporation as a body corporate. (3) Every order made by the State Government under sub-section (1), or sub-section (2), of section 53 shall be laid, as soon as may be after it is made, before the State Legislature, while it is in session, for a total period of fourteen days which may be comprised in one session or in two or more successive sessions. PART III FINANCE CHAPTER VII The Municipal Fund, Budget, Loans, Accounts and Audit