# Kota Development Authority Act, 2023, Section 56: Reserve and other Funds

- Act: Kota Development Authority Act, 2023 (Act 22 of 2023)
- Source URL: https://indiacode.ecourtsindia.com/kota-development-authority-act-2023/section/56/

## Text

(1) The Authority shall make provisions for a reserve fund and may provide for other specially denominated funds, as it deems fit. (2) The management of the funds referred to in sub-section (1), the sums to be transferred from time to time to the credit thereof, and the application of money comprised therein, shall be determined by the Authority.

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