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[Cites 0, Cited by 0] [Section 116] [Entire Act]

State of Chattisgarh - Subsection

Section 116(5) in The Chhattisgarh Municipal Corporation Act, 1956

(5)Any investment made under,this section may from time to time subject to the provisions of sub-section (1) be varied or transferred from one sinking fund to another :Provided that the former sinking fund shall he increased by a sum equal to the sum taken for purposes of transfer to the latter sinking fund.