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

State of Andhra Pradesh - Subsection

Section 107(8) in Andhra Pradesh Metropolitan Region and Urban Development Authorities Act, 2016

(8)The Authority shall maintain a sinking fund for the repayment of loans and moneys borrowed and shall pay every year into the sinking fund such sum as may be required under the borrowing contract and sufficient for repayment within the period fixed for all moneys so borrowed.