State Act

THE ORISSA TOWN PLANNING & IMPROVEMENT TRUST ACT, 1956

117 - Credits to Revenue account :- There shall be credited to the Revenue account - (a) all interest received in pursuance of Section 74; (b) all proceeds received by the Planning authority of taxes or charges imposed under this Act; (c) all sums contributed from Municipal Funds which are received by the Planning authority under Section 85 : (d) all annually recurring sums received from the State Government in aid of the funds of the Planning authority; (e) all premia received by the Planning authority, in connection with leases for any term not exceeding forty years; (f) all terms of land vested in the Planning authority; and (g) all other receipts by the Planning authority, which are not required by Section 115 to be credited to the capital account.