(1) There shall be constituted a Fund to be called the Haryana Parivar Pehchan Authority Fund and there shall be credited thereto-
(a) all grants, fees and charges received by the Authority under this Act; and
(b) all sums received by the Authority from such other sources, as may be decided by the State Government.
Fund.
184 HARYANA GOVT. GAZ. (EXTRA.), SEPT. 6, 2021 (BHDR. 15, 1943 SAKA)
(2) The Fund shall be used for-
(a) the remuneration and other allowances payable to the Deputy Chairperson and the members, the salary and other allowances payable to the Chief Executive Officer and the administrative expenses including the salaries, allowances and pension payable to or in respect of officers and other employees of the Authority; and
(b) the expenses incurred for meeting out the objects and purposes authorised by this Act.
Annual grants, loans and advances.
25. The State Government may make to the Authority grants, loans or advances of such sums of money annually, on such terms and conditions, as it may deem fit.
Power to borrow. 26. The Authority may, from time to time, borrow money by way of loans, bonds or debentures or other instruments from sources other than the State Government, on such terms and conditions, general or specific, as may be approved by the State Government.
Power to invest. 27. The Authority shall have power to invest any portion of its Fund in such investments, as may be determined by the Chief Executive Officer.
Budget. 28. (1) The Chief Executive Officer shall submit a budget in respect of the financial year next ensuing, showing the estimated receipts and expenditures of the Authority in such form, as may be prescribed.
(2) The Authority shall, subject to such modifications and revisions, as it may decide, approve the budget submitted under sub-section (1).
(3) The budget, as modified or revised by the Authority, shall be forwarded to the State Government alongwith such number of authenticated copies, as may be required by the State Government.
(4) The Chief Executive Officer shall cause the budget, as modified or revised by the Authority, to be placed on the website of the Authority.
Accounts and audit.