Bare ActsThe JAMMU AND KASHMIR METROPOLITAN REGION DEVELOPMENT AUTHORITES Act, 2018

Section 27

Other funds and reserves.

Amendment status not verified — confirm the current text below against the official source.

(1) The Authority shall make provisions for a reserve fund and may provide for other specially denominated funds as it deems fit. (2) The management of the funds referred to in sub-section (1), the sums to be transferred, from time to time, to the credit thereof and the application of money comprised therein, shall be determined by the Authority.

Section 27 – The JAMMU AND KASHMIR METROPOLITAN REGION DEVELOPMENT AUTHORITES Act, 2018 | DailyLaw.ai