Road Fund - Law Dictionary Search Results
bond
bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (as a toll road) and payable solely out of the revenue derived from such property sav·ings bond : a nontransferable registered bond … secured by a mortgage on property compare debenture municipal bond : a bond issued by a municipality to fund the expenses of running the government or of specific programs or projects registered bond : a bond registered
Fees and taxes
contribution of these persons', that is, by fees of court. And he extends this principle to tolls of roads and various other expenses, Commissioner, Hindu Religious Endowments, Madras v. Lakshmindra Thirtha Swamiar of Shirur Mutt, 1954 SCR … is voluntary. Fees are distinguished from taxes in that the chief purpose of a tax is to raise funds for the support of the Government or for a public purpose, while a fee may be charged for
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