Rules Regarding Cash Balance to be Maintained by Council

Rules Regarding Cash Balance to be Maintained by Council

Published vide Notification No. 31-U-18, dated 27-2-1962, M.P. Gazette, Part 2 dated 9-3-1962

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  1. Definition.- In these rules, "Section"means the section of the Madhya Pradesh Municipalities Act, 1961.
  2. Cash balance to be maintained by a Council in the office for meeting the current charges under sub-section (4) of Section 108, shall be-
(a) in respect of Class I Municipalities - Rs. 500;
(b) in respect of Class II Municipalities - Rs. 350;
(c) in respect of Class III Municipalities - Rs. 300;
(d) in respect of Class IV Municipalities - Rs. 250.
  1. Rules to be general.- These rules shall be general for all Municipalities.