CourtMesh

Section 48

The Lakshadweep Panchayats Reguation, 1994Union territory Regulations of Lakshadweep · 1949

(1),These shal) be a PanchaYet Plind for esch panchayat and ra w.

the sante .shall be'tKiNaad fit cerrting-out ths dutles and obligatIons impotted treory ths' pincheyel by th1s Regulatfon.

'The-followin0 thell 1?• credited to end fcgrn Ottrt of ifte Mn.

chaYat rdni ,narbehr • • (*), the faccarkliaga.pf any tax Or fe• lingossd by or easigididlotbe penthayat ander thle Ragulation or any othet law and transferrid the Pranchdijataind; • • • . , tBf thg granti or oontributions made • by th• Goyemmerit •or:efty pereont;,. ..• . 1..

(Ct ths inacime frorn "seouritles in-nrhinh the PanchaVanundis Invated:'

-‘,(0);4, Ingpme frdin or iWor:eeds of any. propeity of-ths patiolutyat;.

-(1) fiuras asaluned to ths Pentheiff Puhd.,Y-anY flaWatin aPacial order ot the Admibletration; ' • '

(g). all sums rectilvad in afd offor expenditrinrbf•affy kfaithition or sanadarneintainarialf finagaira israrn th‘' PahRheYE Fund or minaPed'bY .

ths p1tlU arnotant received for the maitagament ot . coorairde? • -(1,:sjt otlift etnat •0;itoted by a aridat,Obe -Ptairrid it thit-ot the Panoltayin Fund;

(d) all suMa reiNiNsel bY way of {Dans or giftt 14 of 209.

1112 LAILSIIADIVEkt tIAE I 11. LXI RACRDINARY 15

(1) the sale proareds o1 all duat, din, ralust or carcipassaa of anlmela excapt 1n so far a any person is entItled to the svhol• or a portion thersof.

(3, Tha amount in ths Pencbeyst Fund ithell be ottlised autteett to ths provialons of this Regulation and shall b* kept in such cusiody ets may bs proscrlbsd.

(4) ln tha C414 of any loan taken by a panchayst, the payment of the prIncIpal• or Inetalment thareof and the payment of intersst theraon ahall first charge on lts fund.

Where this provision sits

ActThe Lakshadweep Panchayats Reguation, 1994
Section48
JurisdictionUnion territory of Lakshadweep
StatusIn force as published by the source

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