State Act

72

Section 72. Investment of sinking fund.

The Goa Housing Board Act, 1968

Act no. 12 of 19681968In forceGoa (State Act)

72. Investment of sinking fund.— All moneys paid into a sinking fund shall, as soon as possible, be invested by the Board— (a) in Government securities; or (b) in securities guaranteed by the Central Government or a State Government.