Amendment status not verified — confirm the current text below against the official source.
Effect of absorption of a part of a 1[panchayat area]1 into a 1[larger urban area]1.- If any part of an area within the limits of a 1[panchayat area]1 is included in a 1[larger urban area]1, then notwithstanding anything contained in this Act or in the 1[Karnataka Panchayat Raj Act, 1993]1 but subject to the provisions of section 4 of this Act, with effect from the date on which such area is included in the 1[larger urban area]1, the following consequences shall ensue namely:- (a) so much of the 1[Grama Panchayat Fund]1 and other property vesting in the 1[Grama Panchayat]1 shall be transferred to the corporation fund as the Government may, by order in writing, direct;