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[Cites 0, Cited by 0] [Section 55] [Entire Act]

State of Punjab - Subsection

Section 55(2) in Punjab Municipal Act, 1911

(2)The income resulting from [such] [Substituted for the words 'the' by Punjab Act No. 2 of 1923.] securities [or placements] [Inserted by Punjab Act No. 2 of 1923.] and the proceed of the sale of the same shall be credited to the municipal fund.