Funds of the Parishad

C.

1. (1) The Parishad shall have its own funds, consisting of:-
   • (a) the grants made by the State Government;
   • (b) all moneys received by or on its behalf under the provisions of this Act or any other law for the time being in force or under any other contract;
   • (c) all proceeds of the disposal of the property by or on behalf of the Parishad;
   • (d) all moneys received by or on behalf of the Parishad from public bodies, private bodies or private individuals by way of grants, donations or deposits;
   • (e) all interests and profits arising from any investment or from any transaction in connection with any money belonging to the Parishad; and
   • (f) such other sums from the Zilla Grandhalaya Samsthas as may be required for specific purposes as provided under the Act or as per the instructions of the Government, from time to time.
2. (2) All moneys belonging to the Parishad shall be deposited in such banks or invested in such manner as may be prescribed.
3. (3) The Parishad may spend such sums as it may deem fit for performing its functions under the Act and such expenditure shall be treated as expenditure payable out of this fund.