State Act

98

Section 98. Application of sinking funds

THE ORISSA TOWN PLANNING & IMPROVEMENT TRUST ACT, 1956

Act no. 10 of 19571957In forceOdisha (State Act)

98 - Application of sinking funds :- The aforesaid trustees may from time to time apply any sinking fund, or any part thereof, in or towards the discharge of the loan at any part of the loan for which such fund was established and until such loan is wholly discharged shall not apply the same for any other purpose.