section 363
Primary Education Fund where to be lodged and how to be drawn
The Odisha Municipal Act, 1950Infrastructure1950409 sections
Statutory text
upon :— (1) The Primary Education Fund constituted under the preceding section shall be lodged in such Bank or Government Treasury as the State Government may direct.
- (2) All expenses incurred on Primary Education by the Municipality concerned shall be paid out of the fund.
- (3) All orders of cheques upon the Fund shall be signed by the Executive Officer of the municipality and countersigned by the Chairperson or the Vice-Chairperson or in (ED THE ORISSA MUNICIPAL MANUAL the absence of both the Chairperson Vice-Chairperson '[by a member of the Finance Committee.
- (4) So far as the Fund to the credit permits, the Treasury or Bank shall pay—
- (a) all orders or cheques signed in accordance with sub-section (3);
- (b) allexpenses incurred by the State Government on behalf of the municipality provided that the Municipality has given previous authority in writing to the Bank or Treasury to debit such expenses to the Fund without the issue of any order or cheque.
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