Section 75
― In clause (b), for ― sub -section (7) of section 71‖, substitute―
Section 75. ― In clause (b), for ― sub -section (7) of section 71‖, substitute―
― the Schedules referred to in section 71A‖.
After section 84, insert―
― 84A. The Finance Commission. ― (1) The Finance Commission constituted under section 107A of the Delhi Municipal Corporation Act, 1957 (66 of 1957) shall also be responsible, for the purposes of this Act, to review the financial position of the Corporation and to make recommendations to the Administrator as to ―
(a) the principles which should govern,―
(i) the determination of taxes, duties, tolls and fees which may be assigned to, or appropriated by, the Corporation;
(ii) the grant-in-aid to the Corporation from the Consolidated Fund of India;
(b) the measures needed to improve the financial position of the Corporation;
(c) any other matter referred to the Finance Commission by the Administrator in the interest of sound functioning of the Corporation.
(2) The Commission shall determine their procedure and shall have such powers in the performance of their functions as may be prescribed.
(3) The Administrator shall cause every recommendation made by the Commission under this section together with an explanatory memorandum as to the action taken thereon to be laid before each House of Parliament. ‖ .
Roop's Law Assist