Section 5: Application to the proceeds of the tax

The Meghalaya Minerals Cess Act, Act No. 7 of 1988 (Act No. 7 of 1988)State Act of Meghalaya · Act 7 of 1988

The proceeds of tax collected under this Act shall first be credited to the Consolidated Fund of the State to be utilised, after due appropriation made by the Legislature by law, for the purpose of-

(a) Developing primary education; and

(b) Developing and improving the mining areas, in the State;

Provided that not more than twenty per cent of the proceeds so collected shall at any time be utilised for the purpose referred to in clause (b).

Where this provision sits

Act	The Meghalaya Minerals Cess Act, Act No. 7 of 1988 (Act No. 7 of 1988)
Section	5
Marginal note	Application to the proceeds of the tax
Jurisdiction	State of Meghalaya
Status	In force as published by the source

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