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Section 138A: Finance Commission

The Uttar Pradesh Municipal Corporation Act, 1959State Act of Uttar Pradesh · Act 2 of 1959

[138-A. (1) The Finance Commission shall review the financial position of the corporation and make recommendations to the Governor as to,--

(a) the principal which should govern--

(i) the distribution between the State and the [Corporation] of the new proceeds of the taxes, duties, tolls and fees leviable by the State which may be divided between them and allocation of share or such proceeds to the Corporations ;

(ii) the determination of the taxes, duties, tolls and fees which may be to assigned appropriated by the [Corporation] ;

(iii) the grants-in-aid to the [Corporation] from the Consolidated Fund of the State ;

(b) the measures needed to improve the financial position 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 thereon, be laid before both the Houses of the State Legislature.

Where this provision sits

ActThe Uttar Pradesh Municipal Corporation Act, 1959
Section138A
Marginal noteFinance Commission
JurisdictionState of Uttar Pradesh
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.

  • inserted. Ins. by sec. 57 of U. P. Act no. 12 of 1994.
  • substituted. Subs. by sec. 3 of U. P. Act no. 12 of 1994.

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