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State of West Bengal - Section

Section 334 in West Bengal Municipal Corporation Act, 2006

334. Financial statement in regard to Draft Development Plan.

- A financial statement shall be submitted with the Draft Development Plan containing-
(a)detailed particulars about the quantum of finance available for conducting the development programme under the said Draft Development Plan from-
(i)own resources of the Corporation with sourcewise break-ups, and
(ii)corporate sector or household sector:
(b)the following particulars in detail:-
(i)credit plan or terms and conditions of availing of the finance from corporate sector or household sector, and
(ii)sources of fund for repayment of credit, if taken from corporate sector or household sector and the manner of repayment: and
(c)if the Corporation thinks it proper to transfer any function of the Corporation in relating to the implementation of the Draft Development Plan to any organisation. including Government organisation within the meaning of section 100, a statement containing the list of the function or the functions to be transferred, the manner of transfer, and the terms and conditions of such transfer.