A sinking fund or any part thereof shall be applied in or towards the discharge of loan or part of the loan for which fund was created, and until such loan or part is wholly discharged shall not be applied for any other purpose.
Section 149: Application of sinking funds.
The Jammu and Kashmir Municipal Corporation Act, 2000Union territory Act of Jammu and Kashmir · Act 21 of 2000
Where this provision sits
| Act | The Jammu and Kashmir Municipal Corporation Act, 2000 |
|---|---|
| Section | 149 |
| Marginal note | Application of sinking funds. |
| Jurisdiction | Union territory of Jammu and Kashmir |
| Status | In force as published by the source |
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