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Section 39: Interest charge and other expenses to be added to and receipts taken for reduction of capital cost.

The Damodar Valley Corporation Act, 1948Central Act · Act 14 of 1948

For a period, not exceeding fifteen years, from the establishment of the Corporation, if the Corporation runs in deficit, the interest 28 charges and all other expenditure shall be added to the capital cost and all receipts shall be taken in reduction of such capital cost.

Where this provision sits

ActThe Damodar Valley Corporation Act, 1948
Section39
Marginal noteInterest charge and other expenses to be added to and receipts taken for reduction of capital cost.
JurisdictionCentral
StatusIn force as published by the source

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