State Act
149
Section 149. Application of sinking fund.
The Himachal Pradesh Municipal Corporation Act, 1994
Act no. 12 of 19941994In forceHimachal Pradesh (State Act)
149. Application of sinking fund.- A sinking fund or any part thereof shall be applied in or towards the discharge of loan or a part of the loan for which such fund was created, and until such loan or part is wholly discharged shall not be applied for any other purpose.