Section 31:
Power of the Corporation to spend.
A Corporation shall have power to spend such sums as it
thinks fit on objects authorised under this Act and such sums shall be treated as expenditure payable out
of the fund of the Corporation.
Act Number: 64
Act Name: The Road Transport Corporations Act, 1950
Year: 1950
Enactment Date: 1950-12-04
Long Title: An Act to provide for the incorporation and regulation of Road Transport Corporations.
Ministry: Ministry of Road Transport and Highways
Department: