State Act
52
Section 52. Constitution of municipal fund.
The Himachal Pradesh Municipal Act, 1994
Act no. 13 of 19941994In forceHimachal Pradesh (State Act)
52. Constitution of municipal fund. - There shall be formed for each municipality a municipal fund, and there shall be placed to the credit thereof - (a) all sums received by, or on behalf of, the municipality under this Act or otherwise ; and (b) the balance, if any, standing at the credit of the municipal fund of the municipal area at the commencement of this Act.