sinking fund building maintenance

The repairs and Maintenance Fund, at the rate fixed at the general body from time to time, subject to the minimum of 0.75 per cent per annum of the construction cost of each flat for meeting expenses of normal recurring repairs. Creation of the Sinking Fund by the Society Sinking Fund: On the resolution passed at the meeting of the general.Body of the Society, the Sinking Fund may be used by the Society for reconstruction of its building/buildings or for carrying out such structural additions or alteration to the building/buildings, as in the opinion of the Society's Architect, would be

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sinking fund building maintenance

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