Section 7(3) in M.P. Nagar Vikas Nidhi Niyam, 2001
(3)Repayment Account- The amount to pay off the liabilities on behalf of urban bodies Institutional Finance and State Government shall be transferred and deposited into this Account from the Infrastructure and Devolution Account as per order of the Committee, provided that for transfer of any amount from Devolution Account consent of the concerning urban body shall be obtained.
