Section 65: Application of the Fund

Jharkhand State Housing Board Act 2000State Act of Jharkhand · Act 263 of 2000

(1) All property , the Housing Board Fund, and all other assess vesting in the Board shall be held and applied by it, and repayment of loans, payment of interest on the 4040 | P a g e market borrowing of the Board and Government and other loan shall be the first charge on the Board Funds.

(2) Subject to the budget provision and availability of funds, expenditure shall be incurred out of Board's fund by the Board or by any authority empowered by the Board for execution of schemes or carrying out any purpose of this act which has been duly sanctioned under the provision of this Act.

Where this provision sits

Act	Jharkhand State Housing Board Act 2000
Section	65
Marginal note	Application of the Fund
Jurisdiction	State of Jharkhand
Status	In force as published by the source

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