section 3
Purposes for which the Statutory Funds may be applied
The Bombay Statutory Fund Act, 1959General19597 sections
Statutory text
- (1) From and out of the Statutory Funds established under sub-section
- (1) of section 2, no sums shall be paid or applied except in the manner and for the purpose and to the extent hereinafter provided.
- (2) The amounts standing to the credit of the Statutory Funds may be applied for the same purposes, in the same manner and to the same extent as the grants made to the corresponding Earmarked and Endowment Funds as specified in Schedule B.
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