section 125
Advances from revenue account to capital account.
The Trivandrum City Improvement Trust Act, 1960Civil1960160 sections7 chapters
Chapter V FINANCE
Statutory text
- (1) Notwith= standing anything contained in section 123, the Board may advance any sum standing at the credit of the revenue account for the purpose of meeting capital expenditure.
- (2) Every such advance shall be 1efunded to the revenue account as soon as may be practicable. 126, Advances from caprtal account to revenue account.—(1) Any deficit in the revenue account at the end of any financial year may be made good by an advance from the capital account.
- (2) Every such advance shall be refunded to the capital account in the following financial year.
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