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Section 34

The Gujarat Water Supply and Sewerage Board Act, 1979.State Act of Gujarat · Act 18 of 1979

(1) The Board shall also establish another fund to be called "the Loan Fund'', which shall also be deemed to be a local fund and to which shall be credited all moneya received by or on behalf of the Board by way of lo~.

(2) The Board may, with the previous approval of the State Government, establish &-uch other funds as may be necessary for the efficient performance of its duties and discharge of its functions under this Act.

35, The Board shall not, as far as practicable, and after taking cl'edit for any grant or subvention from the State Government undor soction 36 carry on its operations under this Act at a loss.

36. The State Government may, after appropriation duly made in this behalf, from time to time, make grants and subventions to the Board for the purposes of th.is Act, on such terms and conditions as the State Government may detennioe.

37. The State Government may, from time to time, advan0<> loans to the Board on such terms and conditions, not inconsistent with the provisions of this Act, as the State Government and the Board· may agree upon.

38. After appropriation duly made in this behalf, the State Government may make an initial contribution to the Board Fund of rupees one crore or such lesser sum as it thinks fit.

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P ART IV) GVJ. GOVT. OAZ., EX., MAY 6, 1979/JYAISTHA IG, 1901 151

Where this provision sits

ActThe Gujarat Water Supply and Sewerage Board Act, 1979.
Section34
JurisdictionState of Gujarat
StatusIn force as published by the source

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