Section 99:
Constitution of the Municipal Fund.
The Municipal Fund
(1) Save as otherwise provided in this Act,
(a) all funds which immediately before the establishment of 1[2[the Corporation]] vested in any body
or local authority specified in the Second Schedule;
(b) all moneys received by or on behalf of 1[2[the Corporation]] under the provisions of this Act or of
any other law for the time being in force, or under any contract;
(c) all proceeds of the disposal of property by, or on behalf of, 1[2[the Corporation]];
(d) all rents accruing from any property of 1[2[the Corporation]];
(e) all moneys raised by any tax, rate or cess levied for the purposes of this Act;
(f) all fees collected and all fines levied under this Act or under any rule, regulation or bye-law
made thereunder;
(g) all moneys received by or on behalf of 1[2[the Corporation]] from the Government or any
individual or association of individuals by way of grant or gift or deposit;
3* * * * *
(i) all interests and profits arising from any investment of, or from any transaction in connection
with, any money belonging to 1[2[the Corporation]], including loans advanced under this Act; and
(j) all moneys received by or on behalf of 1[2[the Corporation]] from any other source whatsoever,shall form one Fund to be entitled the Municipal Fund of Delhi (hereinafter in this Act referred to as the
Municipal Fund).
4[(2) The Municipal Fund shall be held by 1[2[the Corporation]] in trust for the purposes of this Act subject
to the provisions herein contained and a General Account relating to all moneys received by or on behalf
of 1[2[the Corporation]] shall be maintained.]
Notes:
1. Subs. by Delhi Act 12 of 2011, s. 2 "the Corporation" (w.e.f. 13-1-2012).
2. Subs. by Act 10 of 2022, s. 2, for "a Corporation" (w.e.f. 22-5-2022).
3. Omitted by Act 67 of 1993, s. 72 (w.e.f. 1-10-1993).
4. Subs. by s. 72, ibid., for sub-section (2) (w.e.f. 1-10-1993).