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State of Rajasthan - Section

Section 53 in Jodhpur Development Authority Act, 2009

53. Reserve and other Funds.

(1)The Authority shall make provisions for a reserve fund and may provide for other specially denominated funds, as it deems fit.
(2)The management of the fund referred to in sub-section (1) the sums to be transferred from time to time to the credit thereof and the application of money comprised therein, shall be determined by the Authority.