Finance, creation of Uttarakhand Char Dham Fund, Budget, Accounts and sums recoverable as arrear of land revenue.

(1) There shall be constituted a Fund to be called ‘Uttarakhand Char Dham Fund’ which shall be vested in and be administered by the CEO on approval of the Board and save as otherwise provided in this Act, shall consist of the following:– a. The earning or income accrued, to Char Dham Devasthanams covered under the Act, by way of donations, grants, loans, recoveries, rents, sales, lease, license fees, guptdans, cess, fees, interest from Bank Deposits, and other income of such Devasthanams or establishments. b. any income derived from the movable and immovable properties of the Temple; c. Grant in aid from the State or Central Government and amount lying in credit of Board at the commencement of this Act. d. Annual budget allotted to the Board by the State Government or the Central Government. e. Annual contribution by the religious Devasthanams etc. f. All fines and penalties imposed under this Act; g. Any other gifts or contributions made by the public, local authorities or institutions. (2) All such funds shall be deposited in the account of the Board in a nationalized bank or other bank approved by the Reserve Bank of India and shall be maintained by the CEO or such officer as the Board may direct in this behalf. All incomes of religious Devasthanams and other religious institutions shall be credited to this fund. (3) The CEO or any officer authorised by it in this behalf by the Board shall maintain proper accounts of this fund and be audited annually by the audit agency or Chartered Accountant approved by the Board and its balance sheet shall be published at the end of every Financial Year for the general public. (4) The Accounts of the Board shall be audited by the Accountant General, Uttarakhand or any officer authorized by him/her on his/her behalf. (5) The CEO, on obtaining sanction from the Board may incur expenditure for the fulfilment of the objects under this Act and pay the emoluments to its employees and honorarium to its members from this fund. (6) The Board while allocating the budget for a particular Devasthanam shall consider and take into account its annual income, so that the income collected shall not be given to any other Devasthanam. (7) The Board may establish a Trust, if necessary under the Indian Trust Act 1882 to receive donations, carry out work as mentioned under the Act and to carry out other work of public interest.