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Section 17: Fund of the Commission.

The Delhi Urban Art Commission Act, 1973Central Act · Act 1 of 1974

(1) The Commission shall have its own fund, and all sums which may, from time to time, be paid to it by the Central Government shall be carried to the fund of the Commission and all payments by the Commission shall be made therefrom.

(2) The Commission may spend such sums as it thinks fit for performing its functions under this Act, and such sums shall be treated as expenditure payable out of the fund of the Commission.

(3) All moneys in the fund shall be deposited in such bank or invested in such manner as may, subject to the approval of the Central Government, be decided by the Commission.

Where this provision sits

ActThe Delhi Urban Art Commission Act, 1973
Section17
Marginal noteFund of the Commission.
JurisdictionCentral
StatusIn force as published by the source

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