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Section 26: Investment of funds by State Authority.

The Compensatory Afforestation Fund Act, 2016.Central Act · Act 38 of 2016

State Authority may invest funds available in the State Fund of such State in the securities of the Central Government and in scheduled banks in such manner as may be prescribed:

Provided that the grants received from the State Government shall not be invested and shall be utilised for the purpose and in the manner prescribed.

Where this provision sits

ActThe Compensatory Afforestation Fund Act, 2016.
Section26
Marginal noteInvestment of funds by State Authority.
JurisdictionCentral
StatusIn force as published by the source

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