State Act
145
Section 145. Establishment of Sinking Fund.
RAJASTHAN MUNICIPALITIES ACT,2009
Act no. 18 of 20092009In forceRajasthan (State Act)
145. Establishment of Sinking Fund.- The Municipality shall establish a Sinking Fund in respect of each loan raised under section 142 for the repayment of moneys borrowed and shall, every year, pay into such Sinking Fund such sum as shall be sufficient for the repayment, within the period fixed for the loan, of the moneys borrowed.