(1) The SOU Tourism Authority shall establish a fund to be Fundsorsou called the "SOU Authority fund". Tourism Authoritv"
(2) The following shall form part of; or be paid in to, the fund.
2 nf 1934.
Power of authority to boirow money.
Recovery of arrears.
Accounts and Audit.
34-20 GUJARAT GOVERNMENT GAZETTE, EX. 2O-12-2OI} I PART IV
(a) all money received by the Sou rourism authority by way of grants, loans, advances, fees, development charges or otherwise;
(b) all money derived from its undertakings, projects and other sources;
(c) bequests, donations, ifany.
(d) all money received by the SoU Tourism Authority in any other manner or from any other source.
(3) The tund of the Sou rourism Authority shall be applied towards the expenses of the authority including expenses incurred in the exercise of its powers and discharge of its functions and for achieving the objects of this Act
(4) The SOU Tourism Authority fund shall be kept in any scheduled Bank as defined in the Reserve Bank of India Act, 1934 or in any bank authorized by the State Government in this behalf or invested in such manner as may be prescribed.
(5) The State Government may make such grants, advances and loans to SOU Tourism Authority as the State Government may deem necessary for the performance of its functions under this Act on such terms and conditions as the State Government may determine.
33. The SOU Tourism Authority may, from time to time, borrow for such period and upon such terms, as the State Govemment may approvo, ily sum of money necessary for the purpose of achieving the objects of this Act.