section 21
Reserve and other funds
The Maharashtra Medical Goods Procurement Authority Act, 2023Health202338 sections7 chapters
Chapter VI FINANCE, BUDGET AND ACCOUNTS
Statutory text
- (1) The Procurement Authority shall make provisions for a reserve fund and may provide for other specially denominated funds as it deems fit.
- (2) The management of the funds referred to in sub-section (1), the sums to be transferred from time to time to the credit thereof and the application of money comprised therein, shall be determined by the Procurement Authority.
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