Bare ActsKerala Municipality Act, 1994

Section 307

Priority of payment for interest and repayment of loans over other payments.

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

All payments due from a Municipality as interest on and for repayment of loans shall be made in priority to all other payments due from that Municipality.

Section 307 – Kerala Municipality Act, 1994 | DailyLaw.ai