Amendment status not verified — confirm the current text below against the official source.
(1) The Authority shall, subject to the provisions of Section 20 maintain a sinking fund for repayment of amount borrowed by it and shall pay every year into the sinking fund the amount as may be sufficient for repayment within the period fixed for the repayment of all amounts so borrowed. (2) The sinking fund or part thereof shall be utilised in or towards the discharge of the loan for which such fund was credited and until such loan is wholly discharged, it shall not be utilised for any other purpose.