Municipal Fund.

(1) There shall be a fund to be called the Municipal Fund which shall be held by the Municipality in trust for the purposes of this Act, and all moneys realized or realizable under this Act and all moneys otherwise received by the Municipality shall be credited thereto. (2) Subject to such directions as the State Government may give in this behalf, and keeping in view the classification of municipal areas under section 7, the receipts and expenditure of the Municipality shall be kept under the following heads of accounts :- (a) the Water Supply, Sewerage and Drainage Account, (b) the Solid Waste Management Account, (c) the Road Development and Maintenance Account, (d) he Slum Services Account, (e) the Commercial Projects Account, and (f) the General Administration Account. Explanation. -For the purposes of this section, "commercial projects" shall include bazars, bazar development projects, property development projects, and such other projects of a commercial nature as may be specified by the Municipality from time to time.