Bare ActsThe Trivandrum City Improvement Trust Act, 1960 (No.1 of 1961)

Section 124

Power to dzrect sale of secuntzes zn whtch any surplus qf the revenue account is invested

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

Power to dzrect sale of secuntzes zn whtch any surplus qf the revenue account is invested.-! f at any time after any surplus refen ed to in sub- section (2) of section 123 has been inveited, the Government are aat1sfied that the mvestment 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 mvestment.

Section 124 – The Trivandrum City Improvement Trust Act, 1960 (No.1 of 1961) | DailyLaw.ai