Section 8: Creation of fund for unrecoverable advances

The Goa Salary, Allowances and Pension of Members of the Legislative Assembly Act, 2004State Act of Goa · Act 20 of 2004

There shall be created a fund under the authority of the Speaker to which shall be credited by every member who has availed of an advance under section 5 or section 6 of this Act, an amount of Rs. 200/- per annum for every lakh of rupees of advance granted under the said sections, and the amount in such fund shall be used towards meeting the unrecoverable advances under any of the provisions of this Act as and when such situation arises, in the manner prescribed.

However, the amount credited to such fund shall not be considered as repayment towards the principal or interest of any advance or loan availed of by a member under this Act.

Where this provision sits

Act	The Goa Salary, Allowances and Pension of Members of the Legislative Assembly Act, 2004
Section	8
Marginal note	Creation of fund for unrecoverable advances
Jurisdiction	State of Goa
Status	In force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

Search 49,000+ Central and State enactments by what a provision says, not by its number
Jump from any section to every judgment that has applied it
Search 300 million+ Indian court records alongside the statute
Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Goa Salary, Allowances and Pension of Members of the Legislative Assembly Act, 2004 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.