section 22
Fund -
The National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999Civil199936 sections7 chapters
Chapter VIII FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) There shall be constituted a Fund to be called National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Fund and there shall be credited thereto-
- (a) all moneys received from the Central Government;
- (b) all moneys received by the Trust by way of grants, gifts, donations, benefactions, bequests and transfers;
- (c) all moneys received by the Trust in any other manner or from any other source.
- (2) All moneys belonging to the fund shall be deposited in such banks or invested in such manner as the Board may, subject to the approval of the Central Government, decide.
- (3) The Funds shall be applied towards meeting the administrative and other expenses of the Trust including expenses incurred in the exercise of its powers and performance of duties by the Board in relation to any of its activities under section 10 or for anything relatable thereto.
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