Statement and utility of the fund collected before the commencement of this Act

General195117 sections

Statutory text

(1) Every person who, on the date on which this Act comes into force in the area in which he resides, has in his possession any amount collected by way of dharmadaya shall, within a period of one month from such date or such further period not exceeding three months in the aggregate, as the [Collector] may allow, file a statement before the [Collector] in the perscribed form stating the amount of dharmadaya in his possession, the manner in which it is invested and the charitable purpose or purposes in which he proposes to spend it. Every such statement shall be accompanied by a statement of accounts of the dharmadaya collections and expenditure therefrom for a period of three years immediately preceding such date.
(2) On receipt of such statement, the [Collector] shall, after such enquiry as he deems fit, determine the amount of dharmadaya fund with such person and direct the person filing the statement to spend the dharmadaya collection on such charitable purpose or purposes as may be specified by the [Collector] and in accordance with such terms and conditions as he may specify.
(3) In any enquiries under sub-section
(2) the [Collector] shall not reopen accounts for any period preceding the period of three years immediately before the date on which the Act comes into force in the area concerned.

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