LawgistThe New Delhi Municipal Council Act
50Application of New Delhi Municipal Fund
(1) The moneys from time to time credited to the New Delhi Municipal Fund shall be applied in payment of all sums, charges and costs necessary for carrying out the provisions of this Act, and of the rules, regulations and bye-laws made thereunder, or of which payment is duly directed, sanctioned or required by or under any of the provisions of this Act.
(2) Such moneys shall likewise be applied in payment of all sums payable out of the New Delhi Municipal Fund under any other enactment for the time being in force.
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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
