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[Cites 0, Cited by 0] [Section 115] [Entire Act]

State of Arunachal Pradesh - Subsection

Section 115(3) in Arunachal Pradesh Municipal Act, 2007

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