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THE JAMMU AND KASHMIR PROPERTY TAX BOARD ACT, 2013

Section 14. Fund of the Board.

(1) The Board shall have a fund to be called the Property Tax Board Fund to which shall be credited (i) such moneys as may be paid to the Board by the Government or any other authority or agency ; and (ii) such moneys as may be paid to the Board by the municipalities, and other local authorities. (2) All moneys received by the Board shall be deposited in a separate account with the Jammu and Kashmir Bank.

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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