Constitution of Agriculturist Rehabilitation Fund and Kudikidappukars Benefit Fund

(1) There shall be constituted a fund to be called Agriculturist Rehabilitation Fund and another fund called Kudikidappukars Benefit Fund and there shall be credited to each of these funds (a) any sum of money paid or any loan granted by the Government for the purposes of this Act; (b) any grants or loans that may be made by any person for the purposes of this Act. (2) Each of the funds referred to in sub-section (1) shall be administered by the Revenue department in such manner as may be prescribed. (3) The Agriculturist Rehabilitation Fund shall be utilised for payment of solatium to small holders under section 118B and for rendering help by way of loan, grant or otherwise to persons affected by this Act who are eligible for the same in accordance with the rules made by the Government. (4) The Kudikidappukars Benefit Fund shall be utilised (a) for meeting twelve and a half per cent of the amount of compensation payable for acquisitions, as provided in sub-section (3F) of section 83; (b) for meeting one half of the purchase price payable by the kudikidappukars, as provided in sub-section (8) of section 88A; and (c) for providing better facilities to (i) the kudikidappukars; and (ii) persons who were kudikidappukars to whom certificates of purchase have been issued under sub-section (2) of section 88C in accordance with such rules as may be made by the Government in this behalf: Provided that a person to whom a certificate of purchase has been issued under the said sub-section or his successor-in-interest shall not be entitled to any benefit under this clause after the expiry of a period of twenty years from the date on which the right, title and interest in respect of land allowed to be purchased by such person have vested in him under the said sub-section.