Bare ActsTrivandrum City Improvement Trust Act, 1960

Section 124

Power to direct sale of securities in which any surplus of the revenue account is invested.--

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

If at any time after any surplus referred to in sub-section (2) of section 123 has been invested, the Government are satisfied that the investment is not needed for the service of any loan referred to in that sub-section, they may direct the sale of the securities held under the investment.

Section 124 – Trivandrum City Improvement Trust Act, 1960 | DailyLaw.ai