State Act

The Himachal Pradesh Municipal Corporation Act, 1994

150. Annual statement by Commissioner.- (1) The Commissioner shall, at the end of every year, submit to Corporation a statement showing:- (a) the amount which has been invested during the year under section 148; (b) the date of the last investment made previous to the submission of the statement; (c) the aggregate amount of the securities then in his hand; and (d) the aggregate amount which has up to the date of the statement been applied under section 149, in or towards discharging loans. (2) A copy of every such statement shall also be submitted to the Government.