State Act

60

Section 60. Investment of sinking fund.

The Goa Rehabilitation Board Act, 2006

Act no. 9 of 20062006In forceGoa (State Act)

60. Investment of sinking fund.— All money 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.