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Section 44

The Telangana Water Resources Development Corporation Act, 1997.State Act of Telangana · Act 12 of 1997

(1) The Corporation may make provision for depreciation fund at such rates and on such terms as may be specified by the Comptroller and Auditor General of India, and in consultation with the State Government.

(2) The net profit for the purpose of section 41 shall be determined after such provision has been made.

45. In the event of any betterment levy being imposed by the State Government, the proceeds thereof in so far as they are attributable to the operations of the Corporation, shall be credited to the Corporation.

Where this provision sits

ActThe Telangana Water Resources Development Corporation Act, 1997.
Section44
JurisdictionState of Telangana
StatusIn force as published by the source

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