Section 64 in Siliguri Municipal Corporation Act, 1990
64. Repayment of loan.
- Every loan raised by the Corporation under section 61 shall be repaid within the period approved under that section and by such of the following methods as may be approved by the State Government, namely:-(a)from a Sinking Fund established under section 66 in respect of such loan, or(b)partly from such Sinking Fund and partly from the loan raised for the purpose under section 61.
