State Act
123
Section 123. Accounts to be kept in forms prescribed by Standing Committee.
The Mumbai Municipal Corporation Act.
Act no. 3 of 18881888In forceMaharashtra (State Act)
123. Accounts to be kept in forms prescribed by 12[Standing Committee].— 13[Subject to the provisions of Chapter XVI-A of this Act] accounts of the receipts and expenditure of the corporation shall be kept in such manner and in such forms as the 14[Standing Committee] shall from time to time prescribe: 15[Provided that, the accounts of the Water and Sewage Fund and the Consolidated Water Supply and Sewage Disposal Loan Fund shall be maintained on the accrual basis, unless otherwise prescribed by the 16[Standing Committee].