State Act

The Mumbai Municipal Corporation Act.

460NN. Preparation of annual administration report and statement of accounts.— (1) 10[The General Manager shall, as soon as may be after each first day of April, have prepared a detailed report of the administration of the 11[Brihan Mumbai Electric Supply and Transport Undertaking] during the previous official year, together with a statement showing the amount of the receipts and disbursement respectively credited and debited to the 12[Brihan Mumbai Electric Supply and Transport Fund] during the said year and the balance at the credit of the fund at the close of the said year as also an account of the balance due on 13[loans and shall submit the same to Brihan Mumbai Electric Supply and Transport Committee.] (2) After an examination and review of the report and statement by 14[the Brihan Mumbai Electric Supply and Transport Committee] copy of the report together with a copy of 15[the Committee] review shall be forwarded to the usual or last known address of each councillor atleast eight days previous to the ordinary meeting of the corporation in the next following month of October and copies thereof shall be delivered to any person requiring the same on payment of such reasonable fee for each copy as the General Manager, with the previous approval of 16[the Brihan Mumbai Electric Supply and Transport Committee] shall determine.