Section 14: Money to be kept by the Corporation in current or deposit account

In exercise of the powers conferred by clauses (a), (b),(c),(d),(e),(f),(g), (h) and (i) of sub-section (2), of section 50 of the Goa, Dama…State Rules of Goa · 1965

Except as otherwise directed by Government all monies forming part of the fund of the Corporation shall be kept in current or deposit account with the State bank of India, or in any scheduled bank or invested in such securities as may be approved by the Government;

Provided that the Corporation may keep on hand such sums not exceeding Rs. 25,000/- as the Corporation may consider necessary.

Where this provision sits

Act	In exercise of the powers conferred by clauses (a), (b),(c),(d),(e),(f),(g), (h) and (i) of sub-section (2), of section 50 of the Goa, Daman and Diu Industrial Development Act, 1965, (Act No.22 of 19…
Section	14
Marginal note	Money to be kept by the Corporation in current or deposit account
Jurisdiction	State of Goa
Status	In force as published by the source

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