Fund of the Ground Water Authority.

The Authority shall have a

Fund to be called the Ground Water Authority Fund and,—

1. (a) all sums of money received by the Authority by way of grant, loan or otherwise from the Central or State Governments or from Financial Institutions;
2. (b) all other sums of money received by, or on behalf of the Authority; shall be credited to it.

1. (2) The Ground Water Authority Fund shall be utilised for meeting the expense of the activities of the Authority.