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[Cites 0, Cited by 0] [Section 91B] [Entire Act]

State of Maharashtra - Subsection

Section 91B(5) in The Maharashtra Municipal Corporations Act, 1949

(5)Surplus moneys at the credit of the said Fund which cannot immediately or at an early date be applied as provided in sub-section (4) may, from time to time, be deposited by the Commissioner at interest in the Bank or Banks approved by the Standing Committee or be invested in public securities.