Funds of the Council

(1) The funds of the Council shall include all sums which may, from time to time, be paid to it by the Central or State Government or other agencies, and all other receipts including grants, loan or assistance in any form, together with income, if any, generated by the Council. (2) The Government may pay to the Council every financial year such sum as may be considered necessary for the functioning of the Council and for the discharge of its responsibilities and duties. (3) All expenditure incurred by the Council under or for the purposes of this Act shall be defrayed from out of the fund and any surplus remaining, after such expenditure has been met shall be invested in such manner as may be prescribed.