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State Financial Corporations Act, 1951 Section 38 - Bare Act

StateCentral Government
Year
Section TitleReturns
Act Info:

1[(1) The Financial Corporation shall furnish to the State Government, the2[Small Industries Bank] and the Reserve Bank such statements and returns in such form as the State Government, the2[Small Industries Bank] or the Reserve Bank may require from time to time.]

(3) The Financial Corporation shall furnish3[to the State Government, the2[Small Industries Bank] and the Reserve Bank] within4[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.

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1. Substituted by Act 43 of 1985, section 25, for sub-sections (1) and 92) (w.e.f. 21-8-1985).

2. Substituted by Act 39 of 2000, section 27, for "Development Bank" (w.e.f. 5-9-2000).

3. Substituted by Act 52 of 1975, section 38, for "to the State Government and to the Reserve Bank" (w.e.f. 16-2-1976).

4. Substituted by Act 56 of 1956, section 22, for "three months" (w.e.f. 1-10-1956).




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