State Act
112
Section 112. The State Government to prescribe minimum closing balance
THE ODISHA MUNICIPAL ACT, 1950
Act no. 23 of 19501950In forceOdisha (State Act)
112. The State Government to prescribe minimum closing balance :– The State Government may prescribe– (a) the minimum closing balance to be maintained by a municipality; (b) the minimum expenditure to be incurred by a Municipality on Public Works, Medical and Public Health; (c) the Statements, accounts and reports to be submitted to the State Government.