(1) The Authority shall make provisions for a reserve fund and may provide for other specially denominated funds, as it deems fit.
(2) The management of the funds referred to in sub-section (1), the sums to be transferred from time to time to the credit thereof, and the application of money comprised therein, shall be determined by the Authority.
(2) The management of the funds referred to in sub-section (1), the sums to be transferred from time to time to the credit thereof, and the application of money comprised therein, shall be determined by the Authority.
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More sections of this act
Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Establishment of the Ajmer Development AuthoritySection 4 · Composition of the Ajmer Development AuthoritySection 5 · Meetings of the AuthoritySection 6 · Cessation of membershipSection 7 · Constitution and powers of Executive CommitteeSection 8 · Appointment of Ajmer Development Commissioner, Directors, Secretary, etc.India Code, Government of India. Text fetched 13 Oct 2026. Source metadata reports last modification: 2025-07-21. Check the linked official text and subsequent notifications when applying a provision.