section 29
Board’s fund.
The Goa Investment Promotion and Facilitation of Single Window Clearance Act, 2021General202163 sections8 chapters
Chapter VI Chapter VI
Statutory text
- (1) The Board shall have and maintain its own fund, to which shall be credited,—
- (i) all monies received by the Board by way of grants, subventions, loans, advances or otherwise;
- (ii) all fees, costs and charges received by the Board under this Act.
- (2) The Board may keep in current account or in deposit account with the State Bank of India or any other Bank approved by the Government in this behalf such sum of money out of its fund as prescribed and any money in excess of the said sum shall be invested in such manner as may be approved by the Government.
- (3) Such accounts shall be operated by such officers of the Board as may be authorised by it by regulations made in this behalf.
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