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Section 26: Grant by the Government

The Pilikula Development Authority Act, 2018State Act of Karnataka · Act 9 of 2018

(1) The Government shall every year make a grant to the Authority towards the administrative expenses, until the Authority reaches self-sustainable stage out of its own resources.

(2) The authority within three to four years from its inception shall work towards self-sustainability and from fifth year onwards make an allout efforts to maintain, run and develop from its own earnings.

(3) The Authority may borrow funds from other sources only with the prior approval of the Government.

Where this provision sits

ActThe Pilikula Development Authority Act, 2018
Section26
Marginal noteGrant by the Government
JurisdictionState of Karnataka
StatusIn force as published by the source

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