Amendment status not verified — confirm the current text below against the official source.
Investment of surplus money. - (1) Surplus moneys standing at the credit of Corporation Fund which cannot immediately or at an early date be applied for the purposes specified in section 82 shall be invested in the prescribed manner. Punjab Municipal Corporation Act, 1976, Section 81 47 (2) The loss, if any, arising from such investment, shall be debited to the Cor- poration Fund. Section 85