Section 45
New Delhi Municipal Fund to be kept in the State Bank of India.
The New Delhi Municipal Council Act, 1994
About this Act
An Act to provide for the establishment of the New Delhi Municipal Council and for matters connected therewith or incidental thereto.
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”.