The Hindu Religious Institutions and Charitable Endowments Act, 1997
Chapter IV COMMON POOL FUND
Civil1997107 sections11 chapters
Chapter IV COMMON POOL FUND
17. Creation of Common Pool Fund
Statutory text
Creation of Common Pool Fund.- It shall be lawful for the Rajya Dharmika Parishat to create a fund to be called the Common Pool Fund out of.-
- (a) contributions made by the notified or declared institutions at the following rate:-
- (1) ten percent of the net income in respect of institutions whose gross annual income exceeds rupees ten lakhs;
- (2) five percent of the net income in respect of institutions whose gross annual income exceed rupees five lakhs but does not exceed rupees ten lakhs.
- (b) Grants received from the State Government.
Chapter IV COMMON POOL FUND
18. Transfers to Common Pool Fund
Statutory text
Transfers to Common Pool Fund.- The Commissioner shall on the orders of the State Government transfer the following amounts to the common pool fund, namely:-
- (a) The un-utilised portion of grants made by the State Government for the repairs or renovations or construction of new places of worship.
- (b) funds of defunct Hindu Relegious institutions;
- (c) any other sums which the State Government may direct.
Chapter IV COMMON POOL FUND
19. Administration of Common Pool Fund
Statutory text
Administration of Common Pool Fund.-
- (1) The [Rajya Dharmika Parishat] shall administer the Common Pool Fund subject to the conditions herein stated and for the following purposes, namely:-
- (a) the grant of aid to any other religious institution which is poor or in needy circumstances;
- (b) the grant of aid to any religious purposes connected with the Hindu Religion.
- (c) the propogation of the religious tenets of the institution;
- (d) the establishment and maintenance of Veda Patashalas, Agama Patashalas and schools for training the archakas, and for the study of ancient scripts and indian languages for that purpose;
- (e) the establishment and maintenance of a university or college or other institution having for its object the study of Hindu Religion, philosophy or sastras or for imparting instructions in Hindu temple architecture;
- (f) the establishment and maintenance of educational institutions where instructions in the Hindu religion is also provided;
- (g) promotion of temple arts and architurecture;
- (h) the establishment and maintenance of orphanages for Hindu childern;
- (i) payment of terminal benefits to the Archaks and temple servants where there is no sufficient fund at the credit of the institution;
- (j) the establishment and maintenance of poor homes for destitute, helpless and physically disabled persons;
- (k) the establishment and maintenance of Hospitals and Dispenceries for providing facilities to philigrims.
- (l) any other charitable or Hindu Religious purpose.
- (m) for establishment and promotion of goshalas by Hindu Relgious Institutions or any Hindu Organisation.
- (n) to meet the objects of the Act.
- (2) The Common Pool Fund shall be so administered that:-
- (i) no contribution or donation received from any person shall be utilised for any purpose other than the purpose specified if any by the donor.
- (ii) contribution and donation made to institution, or institution of any relegious denomination or any section thereof shall be utilised for the benefit of that particular class or denomination or section only.
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