Bare ActsThe Maharashtra Metropolitan Region Development Authority Act, 2016

Section 22

Reserve and other Fund.

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

( 1 ) The Metropolitan Authority shall make provisions for a reserve fund and may provide for other specially denominated funds as it deems fit. ( 2 ) The management of the funds referred to in sub-section ( 1 ), the sums to be transferred, from time to time, to the credit thereof and the application of money comprised therein, shall be determined by the Metropolitan Authority.

Section 22 – The Maharashtra Metropolitan Region Development Authority Act, 2016 | DailyLaw.ai