Primary education fund

Education194766 sections

Statutory text

(1) A fund called the primary education fund shall be maintained by every authorized municipality.
(2) The following shall form part of, or be paid into, the primary education fund:—
- (a) the balance of the primary education fund maintained under section 8A of the Bombay Primary Education Act, 1923;
- (b) the contributions payable by non-authorised municipalities under sub-section
(2) of section 41;
- (c) fees and fines received in respect of primary schools maintained by the school board or the authorized municipality, as the case may be;
- (e) in the case of an authorized municipality, the grant paid or payable by the authorized municipality on account of primary education;
- (f) the grant paid or payable by the State Government on account of primary education;
- (g) such other sums as may from time to time be received on account of primary education. Explanation. For the purposes of clause
- (e) the grant payable by an authorized municipality shall be the amount of expenditure on account of primary education in any year less the grant paid by the State Government in that year, and fees and sums of money from other sources of income belonging to the fund.

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