Section No : Legislative Enactments PUBLIC CORPORATIONS (FINANCIAL CONTROL)Marginal Notes1. This Act may be cited as the Public Corporations (Financial Control) Act*.(Section 5 to 22 of the Finance Act, No. 38 of 1971, are reproduced, renumbered as sections 2 to 19 of this Act.)2. Application of provisions of this Act. 3. Effective date for implementation of this Act. 4. Financial obligations of public to corporation. 5. Preparation of budgets of public corporations. 6. Revenue and determination of net surplus and net deficit. 7. Appropriation of net surplus revenue of a public corporation. 8. Investment of moneys of a public corporation. 9. Accounts of a public corporation. 10. Rendering of accounts and audit. 11. Accounts and reports to be laid before Parliament. 12. Recommendations of the Public Accounts Committee. 13. Borrowing powers of a corporation. 14. Subsidies from Government. 15. Reduction of capital of a public corporation. 16. Dissolution of a public corporation. 17. Liquidator's powers. 18. Closure of liquidation. 19. Interpretation.