District Panchayat (General) Fund

District Panchayat (General) Fund. -

1. (1) Every District Panchayat shall establish and maintain a fund to be called the "District Panchayat (General) Fund".
2. (2) The following shall be credited to the District Panchayat (General) Fund, namely:—
   • (a) the contributions, if any, from the Panchayat Union Councils;
   • (b) the grants made by the Government;
   • (c) the sums transferred to the District Panchayat Fund from the State Consolidated Fund;
   • (d) all sums received as gifts or contributions for works of public utility or endowments made by the Government or local bodies or private individuals;
   • (e) the amounts borrowed by the District Panchayat;
   • (f) all proceeds from the disposal of property by or on behalf of the District Panchayat;
   • (g) all fees and penalties paid to or levied by or on behalf of the District Panchayat under this Act or any other law;
   • (h) all interest, profits and other moneys given by trading investments or other financial operations of the District Panchayat;
     • (i) all other sums received by or on behalf of the District Panchayat.
3. (3) The District Panchayat (General) Fund shall be vested in the District Panchayat.