NYAYA SIGNAL
Jammu and Kashmir · 2000 · Section 52

Section 52 — Constitution of municipal fund.

THE JAMMU AND KASHMIR MUNICIPAL ACT, 2000

There shall be formed for each municipality a municipal fund, and this shall be placed to the credit thereof___

(a) all sums received by, or on behalf of, the municipality under this Act or otherwise ; and

(b) the balance, if any, standing at the credit of the municipal fund of the municipal area at the commencement of this Act.