section 8
Accident Relief Fund
The Uttarakhand Motor Vehicles Taxation Reforms Act, 2003Tax200333 sections
Statutory text
(1) For the purpose of providing relief to the passengers or other persons who are victims of any accident involving a public service vehicle, or to the heirs of such passengers or other persons, the State Government shall establish a fund by the name 'Uttarakhand Road Transport Accident Relief Fund' and a sum equivalent to two percent of the tax levied under sub-sections (1), (1-d), (2), (2-d) and (2-kh) of section 4 shall be deposited in the said fund. (2) The administration and utilization of the fund established under sub-section (1) shall be done in such manner as may be prescribed.
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