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Section 59: Creation of reserve fund

The Waqf Act, 1995State Act of Chhattisgarh · Act 43 of 1995

For the purpose of making provisions for the payment of rent and of revenue, cess, rates and taxes due to the Government or any local authority, for the discharge of the expenses of the repair of the 1 [waqf] property and for the preservation of the 1 [waqf] property, the Board may direct the creation and maintenance, in such manner as it may think fit, of a reserve fund from the income of a 1 [waqf].

Where this provision sits

ActThe Waqf Act, 1995
Section59
Marginal noteCreation of reserve fund
JurisdictionState of Chhattisgarh
StatusIn force as published by the source

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