LawgistThe New Delhi Municipal Council Act
45New Delhi Municipal Fund to be kept in the State Bank of India
All moneys payable to the credit of the New Delhi Municipal Fund in the General Account shall be received by the Chairperson and shall be forthwith paid into the State Bank of India to the credit of the said Account which shall be entitled “The General Account of the New Delhi Municipal Fund”.
Download our fully-offline, High speed android app.- Click here
The New Delhi Municipal Fund
- 44 Constitution of the New Delhi Municipal Fund
- 45 New Delhi Municipal Fund to be kept in the State Bank of India
- 46 Operation of the Accounts
- 47 Payments not to be made unless covered by a budget-grant
- 48 Duty of persons signing cheques
- 49 Procedure when money not covered by a budget-grant is expended
- 50 Application of New Delhi Municipal Fund
- 51 Temporary payments from the New Delhi Municipal Fund for works urgently required for the public service
- 52 Investment of surplus moneys
- 53 Constitution of Finance Commission
