section 67
Formation and custody for municipal fund.
The Manipur Municipalities Act, 1994Infrastructure1994231 sections15 chapters
Chapter VII MUNICIPAL PROPERTY, FINANCE AND CONTRACTS
Statutory text
- (1) There shall be formed for each Nagar Panchayat and for each Council a municipal fund to be called the "Municipal Fund" and it shall be held by the Nagar Panchayat or by the Council, as the case may be, for the purposes of this Act and subject to the provisions thereof.
- (2) The Municipal Fund shall vest in the Nagar Panchayat or the Council, as the case may be.
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