State Act

137

Section 137. Application of Sinking Fund.

Jharkhand Municipal Act 2011

Act no. 7 of 20122012In forceJharkhand (State Act)

137. Application of Sinking Fund.- A Sinking Fund or any part thereof shall be applied to the discharge of the loan or a part of the loan for which such Fund was created and, until such loan or part thereof is wholly discharged, such Fund shall not be applied to any other purpose.