State Act
106A
Section 106A. Restrictions on utilisation of funds created by corporation.
The Mumbai Municipal Corporation Act.
Act no. 3 of 18881888In forceMaharashtra (State Act)
9[106A. Restrictions on utilisation of funds created by corporation.— Notwithstanding anything contained in section 106, except with the prior approval of the State Government, neither any internal loan shall be taken by the corporation from any of the funds created by the corporation nor shall any utilisation of such funds for any purposes other than purposes for which the funds are created be made by the corporation.]