Section 14: Administration and utilisation of Fund or Funds.

The Micro, Small and Medium Enterprises Development Act, 2006Central Act · Act 27 of 2006

(1) The Central Government shall have the power to administer the Fund or Funds in such manner as may be prescribed.

(2) The Fund or Funds shall be utilised exclusively for the measures specified in sub-section (1) of section 9.

(3) The Central Government shall be responsible for the coordination and ensuring timely utilisation and release of sums in accordance with such criteria as may be prescribed.

Where this provision sits

Act	The Micro, Small and Medium Enterprises Development Act, 2006
Section	14
Marginal note	Administration and utilisation of Fund or Funds.
Jurisdiction	Central
Status	In force as published by the source

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