This Part shall apply to the Metropolitan Transportation Authority, created pursuant to title 11 of article 5 of the Public Authorities Law (section 1260 et seq.). The purpose of this Part is to set forth specific requirements in connection with the format of, the preparation and maintenance of supporting documentation for, and the monitoring of, the annual budgets and financial plans, and the format of certain financial information in strategic operation plans, of the Metropolitan Transportation Authority. All requirements of this Part shall apply immediately upon the effective date of this Part, except as otherwise consented to by the Comptroller at the request of the Metropolitan Transportation Authority upon good cause shown.