Section 22
Power of the Corporation to spend.
The Faridabad Development Corporation Act, 1956
About this Act
An Act to provide for the establishment and regulation of a trading Corporation for the purpose of carrying on and promoting trade and industry in the town of Faridabad, assisting in the rehabilitation of displaced persons settled therein and for matters connected therewith.
The Corporation shall have power to spend such sums as
it thinks fit for performing its functions under this Act, and such sums shall be treated as expenditure
payable out of the Fund of the Corporation.