section 72
Investment of sinking fund
The Goa Housing Board Act, 1968 and as amended by Act, 2001Infrastructure1968128 sections10 chapters
Chapter VIII Chapter VIII
Statutory text
Investment of sinking fund.–– All moneys paid into a sinking fund shall, as soon as possible, be invested by the Board––
- (a) in Government securities; or
- (b) in securities guaranteed by the Central Government or a State Government.
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