section 29
Fund of the Council
The Andhra Pradesh Para Veterinary and Allied Council Act, 2023Health202343 sections9 chapters
Chapter VII FINANCE
Statutory text
- (1) All fees received, all income such as rent and profits derived from properties and funds vested in the Council, all grants and loans received if any from the Government, all endowments and donations received from any source whatsoever, all other miscellaneous receipts of the Council and all remittances received in connection with the affairs of the Council, shall form the fund of the Council, which shall be utilized for the purposes, laid down in this Act and in the rules, regulations and orders made there under.
- (2) The Fund of the Council shall be deposited in a Scheduled Bank as defined in the Reserve Bank of India Act, 1934 (Central Act No.2 of 1934) or in the Government Treasury as may be decided by the Council.
- (3) The custody of the Fund, the payment of moneys therein, the withdrawal of moneys there from and all other Ancillary matters shall be regulated by such rules as may be prescribed in that behalf.
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