Section 79 in West Bengal Municipal Corporation Act, 2006
79. Statement of Investment.
(1)The Commissioner shall, at the end of each year, prepare a statement showing-(a)the amount which has been invested during the year under section 77,(b)the date of the last investment made during the year,(c)the aggregate amount of securities in the hands of the Corporation, and(d)the aggregate amount which has, up to the date of the statement, been applied for the purpose of repayment of loan under section 78.(2)Every such statement shall be laid before a meeting of the Corporation and shall be published in the Official Gazette.
