The Telangana Agricultural Improvement Fund Act, 1952

1. (1) This Act may be called 1[the Telangana Agricultural Improvement Fund Act, 1952].
2. (2) It shall come into force at once.

There shall be established a Fund in the nature of an imprest entitled the Agricultural Improvement Fund of 1the State of Telangana into which shall be paid, from and out of the Consolidated Fund of the State such moneys as may be collected from time to time, by way of licence fees under clause 8 of the Foodgrains (Licensing and Procurement) Order, 1952.

1. (1) The Agricultural Improvement Fund of the State of 1Telangana shall be held on behalf of the Governor 2[XXX] by the Secretary to the Government of 1Telangana in the Department of Finance.
2. (2) No advances shall be made out of such Fund except for the purpose of meeting such expenditure as may be prescribed by rules made under this Act and without the authorisation of the Minister in charge of Agriculture who shall be assisted by a Committee consisting of the Secretary in charge of Agriculture, the Secretary in charge of the Finance Department, the Director of Agriculture and three members of 1the Telangana Legislature nominated by the Government.

For the purpose of carrying out the objects of this Act, the State Government may make rules regulating all matters connected with or ancillary to the custody of the payment of moneys into and the withdrawals of moneys from the Agricultural Improvement Fund of the 1State of Telangana.