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SourceLaw Dictionary Browse Letter B

Borough Fund

Legal definition for Indian law research

Definition

Borough Fund, the revenues of a municipal borough derived from the rents and produce of the land, houses, and stocks belonging to the borough in its corporate capacity, and supplemented where necessary by a borough rate. See ss. 138-144 of the (English) Municipal Corporations Act, 1882, which specifies the purposes to which it is legally applicable, and allows (s. 141) orders of a town council for payment of money out of it to be questioned by the High Court on certiorari.

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