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[Cites 0, Cited by 0] [Section 105] [Entire Act]

State of Odisha - Subsection

Section 105(2) in Orissa Municipal Act, 1950

(2)In such estimate the Municipality shall among other things -
(a)provide for the payment as they fall due to of all instalments of principal and interest for which the Municipality may be liable in respect of loans contracted by it;
(b)make adequate and suitable provision for such services as may be required for the several duties imposed by this Act;
(c)provide for the minimum closing balance as prescribed under Section 112.