| |
| (1)
|
After the commencement of this Act the Finance Commission referred
to in sub-section (1) of section 107 A of the Delhi Municipal Corporation Act,
1957 (66 of 1957), shall review the financial position of the Council and make
recommendations to the Administrator as to, - | |
|
| (a) | the
principles which should govern, - | | |
| (i)
|
The distribution between the National Capital Territory of
Delhi and the Council of the net proceeds of the taxes, duties,tolls and fees
leviable by the National Capital Territory of Delhi which may be divided between
them, | | (ii)
|
The determination of the taxes, duties, tolls and fees which
may be assigned to or appropriated by the Council, |
| (iii)
|
the grants-in-aid to the Council from the consolidated Fund
of the National Capital Territory of Delhi; | |
| (b)
|
the measures needed to improve the financial position of the
council; | | (c)
|
any other matter referred to the Finance Commission by the
Administrator in the interest of sound finance of the Council. |
| | (2) |
The Administrator shall cause every recommendation made by
the Commission under this section together within an explanatory memorandum as
to the action taken thereon to be laid before the Legislative Assembly of the
National Capital Territory of Delhi. | |