(1) A separate sub-head (compounding fee on account of challans under the Motor Vehicles Act) under Minor Head 101 (Receipts under the Indian Motor Vehicles Act), Major Head 0041 (Taxes on Vehicles) shall be opened in which the amount collected by the enforcement agencies as compounding fee shall be deposited.
(2) The amount allocated shall be shown under Demand No 34 of Transport Department under the Head 2041-Taxes on Vehicles (Plan), Minor Head 102-Inspection of Motor Vehicles, Sub-Head 98-Road Safety Awareness and Computerization of Regulatory Wing, Object Head 34-Other Charges.
Transfer of Fund. 5. The money shall be transferred out of this scheme to the concerned Head of the Department/Drawing & Disbursing Officer as per the scheme sanctioned by the Committee. The executing department shall spend the money as per these rules and submit utilization certificate to the Member Secretary.
Sources of Fund. 6. The Fund shall comprise of,-
(a) A budgetary provision will be made equal to the 50% of the composition fee collected during the previous financial year; and
(b) any financial contribution, grant, donation etc. by the State Government or the Government of India or any other Agency.
Committee.