Purposes for which the Fund may be utilised

The Fund shall not be expended except upon--

1. (1) the relief of scarcity ; or
2. (2) the relief of distress caused by serious drought, flood or other natural calamities, in the State of Maharashtra or any part thereof : Provided that when the Fund exceeds such sum as the State Government may by order determine in this behalf, the State Government may utilise the excess to meet expenditure on any preventive or remedial measures in connection with scarcity conditions in the State of Maharashtra or any part thereof ; or for the grant of loans to cultivators, either under the Land Improvement Loans Act, 1883, or under the Agriculturists' Loans Act, 1884, or for relief purposes ; or to meet irrecoverable balances of such loans.