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Section 10: Establishment of the Fund.

The Jammu and Kashmir State Road Safety Council Act, 2018Union territory Act of Jammu and Kashmir · Act 5 of 2018

(1) After the constitution of the Council, there shall be established a Fund to be called the “The Jammu and Kashmir Road Safety Fund” which shall be non-lapsable. There shall be credited to the Fund––

(a) Grant-in-aid from the State Government ;

(b) Grants/loans/advances from the Central Government ;

(c) Contribution from public/private institutions or voluntary organizations ;

(d) Special cess collected from all types of motor vehicles.

(2) Finance Committee shall be constituted which shall scrutinize and recommend budget proposal for the approval of the Road Safety Council.

(3) The Government may make the rules for management of the Fund and for the procedure to be followed in respect of payment of money into the said Fund, withdrawal of money therefrom, the custody of money therein and any other matter incidental thereto or connected therewith.

(4) The Fund shall be maintained in such manner as may be prescribed.

Where this provision sits

ActThe Jammu and Kashmir State Road Safety Council Act, 2018
Section10
Marginal noteEstablishment of the Fund.
JurisdictionUnion territory of Jammu and Kashmir
StatusIn force as published by the source

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