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Section 12D: Utilisation of the Fund.

The Central Excise Act, 1944Central Act · Act 1 of 1944

[12D. Utilisation of the Fund.-- (1) Any money credited to the Fund shall be utilised by the Central Government for the welfare of the consumers in accordance with such rules as that Government may make in this behalf.

(2) The Central Government shall maintain or, if it thinks fit, specify the authority which shall maintain, proper and separate account and other relevant records in relation to the Fund in such form as may be prescribed in consultation with the Comptroller and Auditor-General of India.]

Where this provision sits

ActThe Central Excise Act, 1944
Section12D
Marginal noteUtilisation of the Fund.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 40 of 1991. . Ins. by Act 40 of 1991, s. 6 (w.e.f. 20-9-1991).

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