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Section 24A: Operations of Authority not to be carried out at a loss.

The Mumbai Metropolitan Region Development Authority Act, 1974.State Act of Maharashtra · Act 4 of 1975

[24A. Operations of Authority not to be carried out at a loss.- The Metropolitan Authority shall not and shall not be required to carry out any of its operation under this Act at a loss. Any deficit in the [Mumbai Metropolitan Region Development Fund] in any financial year shall be made good by the Authority not later than those of the next succeeding financial year].

Where this provision sits

ActThe Mumbai Metropolitan Region Development Authority Act, 1974.
Section24A
Marginal noteOperations of Authority not to be carried out at a loss.
JurisdictionState of Maharashtra
StatusIn 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.

  • inserted, Mah. 29 of 1976. Section 24A was inserted by Mah. 29 of 1976, s. 20.
  • substituted, Mah. 25 of 1996. These words were substituted for the word "Bombay Metropolitan Region Development Fund" by Mah. 25 of 1996, s. 2, Schedule, entry (2), sub-entry 13.

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