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Section 38: Returns.

The State Financial Corporations Act, 1951Central Act · Act 63 of 1951

[(1) The Financial Corporation shall furnish to the State Government, the [Small Industries Bank] and the Reserve Bank such statements and returns in such form as the State Government, the [Small Industries Bank] or the Reserve Bank may require from time to time.]

(2) The Financial Corporation shall furnish [to the State Government, the [Small Industries Bank] and the Reserve Bank] within [four months] of the close of each financial year a statement in the prescribed form of its assets and liabilities as at the close of that year, together with a profit and loss account for the year, the auditors' report and a report of the working of the Financial Corporation during the year and copies of the said statement, account and reports shall be published in the Official Gazette and shall also be laid before the Legislature of the State.

Where this provision sits

ActThe State Financial Corporations Act, 1951
Section38
Marginal noteReturns.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 43 of 1985. . Subs. by Act 43 of 1985, s. 25, for sub-sections (1) and (2) (w.e.f. 21-8-1985).
  • substituted, Act 39 of 2000. . Subs. by Act 39 of 2000, s. 27, for "Development Bank" (w.e.f. 5-9-2000).
  • substituted, Act 52 of 1975. . Subs. by Act 52 of 1975, s. 38, for "to the State Government and to the Reserve Bank" (w.e.f. 16-2-1976).
  • substituted, Act 56 of 1956. . Subs. by Act 56 of 1956, s. 22, for "three months" (w.e.f. 1-10-1956).

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