State Act

THE UTTAR PRADESH MUNICIPAL CORPORATION ACT, 1959

[138-A (1) The Finance Commission shall review the financial position of the [Corporation]1 and make recommendations to the Governor as to – (a) the principles which should govern— (i) the distribution between the State and the [Corporation]1 of the new proceeds of the taxs, duties, tolls and fees leviable by the State which may be divided between them and allocation of share or such proceeds to the [Corporation]1 ; (ii) the determination of the taxes, duties, tolls and fees which may be assigned to or appropriated by the [Corporation]1 ; (iii) the grants-in-aid to the [Corporation]2 from Consolidated Fund of the State; (b) the measures needed to improve the financial positin of the Corporation; (c) any other matter referred to the Finance Commission by the Governor in the interest of sound finance of the Corporation. (2) Every recommendation of the Finance Commission made under sub-section (1) shall, together with an explanatory memorandum as to the action taken theron, be laid before both the Houses of the State Legislature.] 3