section 52
Constitution of municipal fund.
The Jammu and Kashmir Municipal Act, 2000Infrastructure2000331 sections
Statutory text
There shall be formed for each municipality a municipal fund, and this shall be placed to the credit thereof___
- (a) all sums received by, or on behalf of, the municipality under this Act or otherwise ; and
- (b) the balance, if any, standing at the credit of the municipal fund of the municipal area at the commencement of this Act.
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