Section 99: Constitution of the Municipal Fund.

The Delhi Municipal Corporation Act, 1957Central Act · Act 66 of 1957

The Municipal Fund

(1) Save as otherwise provided in this Act,

(a) all funds which immediately before the establishment of [[the Corporation]] vested in any body or local authority specified in the Second Schedule;

(b) all moneys received by or on behalf of [[the Corporation]] under the provisions of this Act or of any other law for the time being in force, or under any contract;

(d) all rents accruing from any property of [[the Corporation]];

(e) all moneys raised by any tax, rate or cess levied for the purposes of this Act;

(f) all fees collected and all fines levied under this Act or under any rule, regulation or bye-law made thereunder;

(g) all moneys received by or on behalf of [[the Corporation]] from the Government or any individual or association of individuals by way of grant or gift or deposit;

* * * * *

(i) all interests and profits arising from any investment of, or from any transaction in connection with, any money belonging to [[the Corporation]], including loans advanced under this Act; and

(j) all moneys received by or on behalf of [[the Corporation]] from any other source whatsoever,

shall form one Fund to be entitled the Municipal Fund of Delhi (hereinafter in this Act referred to as the Municipal Fund).

[(2) The Municipal Fund shall be held by [[the Corporation]] in trust for the purposes of this Act subject to the provisions herein contained and a General Account relating to all moneys received by or on behalf of [[the Corporation]] shall be maintained.]

Where this provision sits

Act	The Delhi Municipal Corporation Act, 1957
Section	99
Marginal note	Constitution of the Municipal Fund.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted, Delhi Act 12 of 2011. . Subs. by Delhi Act 12 of 2011, s. 2 "the Corporation" (w.e.f. 13-1-2012).
substituted, Act 10 of 2022. . Subs. by Act 10 of 2022, s. 2, for "a Corporation" (w.e.f. 22-5-2022).
omitted, Act 67 of 1993. . Omitted by Act 67 of 1993, s. 72 (w.e.f. 1-10-1993).
substituted. . Subs. by s. 72, ibid., for sub-section (2) (w.e.f. 1-10-1993).

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