section 12
Utilization of Nidhi
The Madhya Pradesh Maa Sharda Devi Mandir Adhiniyam, 2002(1) The Nidhi shall be utilized for the maintenance, management and administration of the Mandir and worship of the deity and for the convenience and facility of the devotees visiting the Mandir. (2) The Committee shall prepare annually a budget of the estimated income and expenditure for the next financial year and send it for approval to the State Government. (3) The State Government may approve the budget with or without modification, and the Committee shall function according to the approved budget. (4) The Committee may with the approval of the State Government spend from the Nidhi for other public welfare works in the area. (1) No movable property of a non-perishable nature of which the Committee is in possession and the value of which is more than one thousand rupees and no jewelleries shall be sold, pledged or otherwise alienated without the previous approval of the Commissioner. (2) Save as otherwise expressly provided in this Act, no immovable property taken possession of by the Committee shall be leased out for more than three years or mortgaged, sold or otherwise alienated except with the previous approval of the Commissioner.
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