The Municipality shall establish a Sinking Fund in respect of each loan raised under Section 142 for the repayment of moneys borrowed and shall, every year, pay into such Sinking Fund such sum as shall be sufficient for the repayment, within the period fixed for the loan, of the moneys borrowed.
Section 145: Establishment of Sinking Fund
Rajasthan Municipalities Act, 2009State Rules of Rajasthan · 2009
Where this provision sits
| Act | Rajasthan Municipalities Act, 2009 |
|---|---|
| Section | 145 |
| Marginal note | Establishment of Sinking Fund |
| Jurisdiction | State of Rajasthan |
| Status | In force as published by the source |
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