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Section 20: Relief and Common Good Fund

The Himachal Pradesh Antyodaya Corporation Act, 1979State Act of Himachal Pradesh · Act 17 of 1979

(1) To the Relief and Common Good Fund shall be credited every year such amount, not exceeding ten percent of the net profits, if any of the Corporation, as the Board may decide:

Provided that nothing herein shall be deemed to debar the State Government, Central Government or any other organisation from giving such amount by way of additional grant for being credited to this Fund as it may think fit.

(2) The Relief and Common Good Fund shall be used for the purposes in connection with the welfare of the members of antyodaya families in such form and manner as may be decided by the Board.

Where this provision sits

ActThe Himachal Pradesh Antyodaya Corporation Act, 1979
Section20
Marginal noteRelief and Common Good Fund
JurisdictionState of Himachal Pradesh
StatusIn force as published by the source

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