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[Cites 0, Cited by 0] [Section 107] [Entire Act]

State of Andhra Pradesh - Subsection

Section 107(9) in Andhra Pradesh Metropolitan Region and Urban Development Authorities Act, 2016

(9)The Development Fund shall be ring-fenced to ensure that it can only be used for the purposes specified under the Act and also for the purposes of infrastructure in the development area. Utilization of funds for any other purposes other than the specified under the Act shall be exercised only after placing the proposals before the Authority by the Metropolitan Commissioner / Vice-Chairperson and after approval by the Authority.