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Section 10: Destination and Utilisation for the proceeds of tax

The Goa Motor Vehicles Tax Act, 1974State Act of Goa · Act 8 of 1974

(1) The proceeds of the tax recovered under this Act shall first be credited to the Consolidated Fund of the Union territory and such proceeds, after deducting the expenses of collection not exceeding an amount equal to fifteen percent thereof, shall, after due appropriation made by law in this behalf, be paid to the local authorities as contributions, in such manner as the Government may, from time to time, determine.

(2) The contributions to the local authorities made under sub-section (1) shall be paid in such installments, in such manner and on such dates, as the Government may, after consulting the local authorities concerned, determine.

(3) The contributions made to a local authority under sub-section (1) shall be solely spent on the construction, improvement and maintenance of roads and similar purposes.

Where this provision sits

ActThe Goa Motor Vehicles Tax Act, 1974
Section10
Marginal noteDestination and Utilisation for the proceeds of tax
JurisdictionState of Goa
StatusIn force as published by the source

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