The Board may constitute a sinking fund, a depreciation reserve fund and a development fund in such manner and in such form as may be prescribed by regulations. Such funds shall be invested in such manner as may be determined by the Board with the approval of the Government.
Section 38: Establishment and maintenance of sinking and other funds
The Karnataka Urban Water Supply and Drainage Board Act, 1973State Act of Karnataka · Act 25 of 1974
Where this provision sits
| Act | The Karnataka Urban Water Supply and Drainage Board Act, 1973 |
|---|---|
| Section | 38 |
| Marginal note | Establishment and maintenance of sinking and other funds |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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