State Act
44
Section 44. Depreciation fund.
The Maharashtra Godawari Marathwada Irrigation Development Corporation Act, 1998
Act no. XXIII of 19981998In forceMaharashtra (State Act)
44. Depreciation fund.— (1) The Corporation may make provision for depreciation fund at such rates and on such terms as may be specified by the Comptroller and Auditor General of India, and in consultation with the State Government. (2) The net profit for the purpose of section 42, shall be determined after such provision has been made.