All moneys paid into a sinking fund shall, as soon as possible, be invested by the Board—
(a) in Government securities; or
(b) in securities guaranteed by the Central Government or a State Government.
The Goa Housing Board Act, 1968State Act of Goa · Act 12 of 1968
All moneys paid into a sinking fund shall, as soon as possible, be invested by the Board—
(a) in Government securities; or
(b) in securities guaranteed by the Central Government or a State Government.
| Act | The Goa Housing Board Act, 1968 |
|---|---|
| Section | 72 |
| Marginal note | Investment of sinking fund |
| Jurisdiction | State of Goa |
| Status | In force as published by the source |
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