State Act

181-A

Section 181-A. Deposit of fund of Panchayat.

Tamil Nadu Panchayats Act 1994

Act no. 21 of 19941994In forceTamil Nadu (State Act)

1[181-A. Deposit of fund of Panchayat.- Any Panchayat having surplus fund shall, with the prior approval of the Inspector, deposit such surplus fund in any of the financial institutions specified by the Government: Provided that no such deposit shall be made when there is need to utilise this fund for administration or development work during the next twelve months.