Section 54
Constitution of special funds.
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.
(1) The Council shall constitute such special fund or funds as
may be prescribed by regulations and such other funds necessary for the purposes of this Act as may be so
prescribed.
(2) The constitution and disposal of such funds shall be effected in the manner laid down by regulations.
(2) The constitution and disposal of such funds shall be effected in the manner laid down by regulations.