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State of Assam - Section

Section 23 in Assam State Capital Region Development Authority Act, 2017

23. Reserve and other funds.

(1)The Authority shall make provisions for a reserve fund and may provide for other specially denominated funds as it deems fit
(2)The management of the funds referred to in sub-section (1), the sums to be transferred from time to time to the credit thereof and the application of money comprised therein, shall be determined by the Authority.