Deposit of Fund and its investment

(1) All moneys and receipts forming part of the Fund shall be deposited in the Reserve Bank of India or in such other bank as may be approved by the State Government and such account shall be operated by such officers of the Board as may be authorised by the Board in this behalf. (2) The Board may invest such part of the Fund as is not immediately required for the purposes of this Act in such securities as may be prescribed. (1) Any sum payable to the Board or into the Fund under this Act shall, without prejudice to any other mode of recovery, be recoverable as an arrear of land revenue. (2) The welfare Commissioner shall, for this purpose, have the powers of a Collector under the Madhya Pradesh Land Revenue Code, 1959. (1) The Board shall cause to be maintained such accounts, records and registers as may be prescribed. (2) The Board shall, soon after the close of the financial year prepare an annual statement of its accounts in such form and in such manner as may be prescribed. (1) of during the course of the financial year it becomes necessary to incur expenditure over and above the provisions made in the budget, the Board shall immediately submit to the State Government the details of the proposed expenditure and specify the manner in which it is proposed to meet such additional expenditure.(2) On recept of the proposal under usb-rule (1) the State Government may either approve the proposed additional expenditure in full or in part with such modifications as it may deem necessary or without modifications or reject it totally. A copy of the order passed by the State government on the proposal shall be communicated to the board.