section 71
Power to discontinue payments into sinking fund.
The Dadra and Nagar Haveli and Daman and Diu Housing Board Act, 1968Infrastructure1968119 sections
Statutory text
Notwithstanding anything contained in section 70, if at any time the sum standing at credit of the sinking fund established for repayment of any loan is of such amount that if allowed to accumulate at the rate of interest prescribed under sub-section (2) of that section, it will be sufficient to repay the loan at the end of the period agreed upon by the Board, then, the Board may discontinue further annual payment into such fund.
Study data processing for this section.
PDF: pending for this language.