Bare Act
Chapter VI PRICE FLUCTUATION FUND
Chapter VI PRICE FLUCTUATION FUND
33. Constitution of Price Fluctuation Fund
[(2) The Fund shall be made up of an initial contribution of rupees one crore and of such further contributions to the Fund made by the State Government, from time to time, for meeting any liability referred to in sub-section (1) of section 34, only when the balance in the Fund is inadequate for that purpose, and of the amounts credited to the Fund, from time to time, in accordance with sub-section (2) of section 30 : Provided that the further contribution by the State Government to the Fund as aforesaid shall be met from the Capital Formation Fund established under section 35A, and the State Government may be required to make additional contribution to the said Fund in consequence thereof, as may be needed for the purpose of that Fund, under appropriation duly made in that behalf. (3) The amount available in the Price Fluctuation Fund may be utilised as margin money or for other purposes of the Capital Formation Fund established under section 35A for the operation of the scheme, carrying interest at the rate often per cent. per annum or such other rate as may be fixed, from time to time, by the State Government.
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