section 24
FUND OF THE BOARD
The PEPSU Townships Development Board Act, 1954General195447 sections5 chapters
Chapter IV PROPERTY, FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Board shall have its own fund and all grants and advances made to it from time to time by the Central Government or the State Government and all receipts of the Board shall be credited thereto and all payments by the Board shall be made therefrom.
- (2) Save as may be prescribed, all moneys belonging to that fund shall be deposited in such scheduled bank or invested in such securities as may be approved by the State Government.
Study data processing for this section.
PDF: pending for this language.