SOURCES OF THE FUND

(1) With effect from the date of coming into force of this Act and the formation of the Fund, and subject to the provisions of this Chapter, UIIDB shall levy and receive Fee in UIIDF as outlined in schedule III. (2) The Fee due to UIIDB under this Act, shall be collected by the respective administrative department collecting the Project Proceeds and deposited by the respective administrative department in the Fund, within a period of one month from the date of its collection. (3) The Fee levied by UIIDB shall include any penalties levied on the Project Proceeds as though the Project Proceeds is directly payable to UIIDB. (4) Apart from the Fee levied by the Board, the Fund may have other income sources as approved by the State Cabinet from time to time and added to Schedule III or this Section 12, as the case may be. (5) In case of assets owned by UIIDB, all proceeds from such assets including from development or monetization of such assets shall be credited to the Fund. (6) All proceeds from cash management operations in the UIIDF shall be credited to the Fund.