(1) The Board shall, for the purpose of repayment of any loan raised by it, established a sinking fund in such manner as may be prescribed.
(2) Every such sinking fund shall be maintained, invested and applied in such manner as may be prescribed.
(3) The Board may, and if so directed by the State Government, shall, create a trust in the prescribed manner for investment of a sinking fund and for repayment of the loans for which such fund was established.
(2) Every such sinking fund shall be maintained, invested and applied in such manner as may be prescribed.
(3) The Board may, and if so directed by the State Government, shall, create a trust in the prescribed manner for investment of a sinking fund and for repayment of the loans for which such fund was established.
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Next · Section 61Grants and loans by Government. →All sections / सभी धाराएँThe Uttar Pradesh Avas Evam Vikas Parishad Adhiniyam, 1965 →
More sections of this act
Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Constitution of the BoardSection 4 · Disqualification's for being Adhyaksh or Member, etc,Section 5 · Term of office of Adhyaksh and non-official members.Section 6 · Provisions regarding office of Adhyaksh.Section 7 · Provisions relating of Housing Commissioner.Section 8 · Appointment of officer and servants.India Code, Government of India. Text fetched 18 Oct 2026. Source metadata reports last modification: 2024-09-06. Check the linked official text and subsequent notifications when applying a provision.