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[Cites 0, Cited by 0] [Section 148] [Entire Act]

State of Rajasthan - Subsection

Section 148(3) in Rajasthan Municipalities Act, 2009

(3)Moneys standing at the credit of two or more Sinking Funds may, at the discretion of the Municipality, be invested together as a common fund, and it shall not be necessary for the Municipality to allocate the securities held in such investments to the several Sinking Funds.