Ground Water Authority by way of grants such sum of money as it may consider necessary for carrying out the purpose of this Act.

Fund of the Grant water Authority.- The Authority shall have a Fund to be called The Ground Water Authority Fund and,-

1. (a) all sums to 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 utilized for meeting the expense of the activities of the Authority.