State Act

The Mumbai Municipal Corporation Act.

17[123A. Separate pro-forma accounts to be kept by the Commissioner.— (1) There shall be kept by the Commissioner under a separate heading in the municipal accounts, accounts of all the property vested or vesting in the corporation and of all receipts and expenditure of the corporation on accounts of the transfer to them of the powers, duties, assets and liabilities of the Board of Trustees constituted under the City of Bombay Improvement Trust Transfer Act, 1925 (Bom. XVI of 1925), 1[and of all property acquired by, and of all receipts and expenditure of, the Corporation for any of the purposes of Chapter XII-A]. (2) Such accounts shall be maintained so far as may be, in such manner and in such forms as the 2[Standing Committee] shall from time to time prescribe in accordance with the rules contained in Schedule BB. (3) The Commissioner shall publish such accounts in the 3[Offlcial Gazette] every 4[*] year.]