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[Cites 0, Cited by 0] [Section 139] [Entire Act]

State of Jharkhand - Subsection

Section 139(3) in Jharkhand Municipal Act, 2011

(3)Money standing at the credit of two or more Sinking Funds may, at the discretion of the Standing Committee, be invested together as a common fund, and it shall not be necessary for the Standing Committee to allocate the securities held in such investments to the several Sinking Funds.