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[Cites 0, Cited by 0] [Section 25B] [Entire Act]

Union of India - Subsection

Section 25B(2) in The Unit Trust Of India Act, 1963

(2)Subject to the provisions of this Act, the amount in any reserve fund created specifically for the purposes of any unit scheme shall be applied or utilised only for the benefit of the unit holders under that unit scheme and for such purposes and in such manner as the Board may determine.