Utilisation of fund

General195117 sections

Statutory text

(1) The maintainer shall spend nine-tenth of the dharmadaya collections made during a year by him on any of the purposes specified in his certificate or on a purpose permitted by or under this Act and may spend one tenth of such collections on any charitable purpose whether specified in the certificate or not: [ Provided that where a maintainer makes any collections in the name of a Goshala registered under the Madhya Bharat Goshala Act, 1953 (IV of 1953) he shall pay all such collections to the trustee of Goshala in accordance with the provisions of said Act.]
(2) If the maintainer is for any reason unable to spend the dharmadaya collections made by him during the year in accordance with sub-section (1), he shall obtain previous permission of the [Collector] in writing for carrying over the amount collected during the year and remaining unspent for being spent in the succeeding year.
(3) A maintainer shall not use or deal with the dharmadaya collection for his own private or for any other purpose not provided for under this Act.

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