(i) There shall be constituted a Fund to be called the National Capital Regional Planning Board Fund and there shall be credited thereto— Constitution of the Fund,
(a) any grants and loans made lo the Board by the Central Government under section 21;
(b) all sums paid to the Board by the participating States and;
the Union territory;
(c) all sums received by the Board from such other sources as may be decided upon by the Central Government in consultation with the participating States and the Union territory.
(2) The sums credited to the said Fund referred to in sub-section
(1) shall be applied for-—
(a) meeting the salaries, allowances and other remunerations of the Member-Secretary, Officers and other employees of the Board and for meeting other administrative expenses of the Board, so, however, that the total expenses shall not exceed the amount appropriated for this purpose under sub-section (2) of section 21;
(b) conducting surveys, preliminary studies, and drawing up of plans for the National Capital Region;
(c) providing financial assistance to the participating States and the Union territory for the implementation of Sub-Regional Plans and Projects Plans; and
(d) providing financial assistance to the State concerned for the development of the counter-magnet area subject to such terms and conditions as may be agreed upon between such State and the Board.
23. The Board shall, in each financial year, prepare in such form and at such time as may be prescribed its budget for the next fmancia1 year and forward the same to the Central Government at least three r")nths prior to the commencement of the next financial year.
Budget.
10 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—
24. The Board shall prepare in each year its annual report in such form and at such time as may be prescribed, giving a full account of its activities during the year immediately preceding the year in which such report is prepared and forward, before such date as may be prescribed, copies thereof to the Central Government, the participating States and the Union territory.
AnoQal report.
25. The accounts of the Board shall be maintained and audited in such manner as may be prescribed in consultation with the Comptroller and Auditor-General of India and the Board- shall furnish, to the Central Government, before such date as may be prescribed, a copy of its audited accounts together with the auditor's report thereon, Accounts and audit.
26. The Central Government shall cause the annual report and the auditor's report to be laid as soon as may be after their receipt, on the Table of each House of Parliament while it is in session, for a total period of thirty days, which may be comprised in one session or in two or more successive sessions.
Annual report and auditor's report to be laid before Parliament.
CHAPTER VII MISCELLANEOUS
27. The provisions of this Ordinance shall have effect notwithstanding anything inconsistent therewith contained In any other law for the time being in force or in any instrument having effect by virtue of any law other than this Ordinance; or in any decree or order of any court, tribunal or other authority.
Ordinance to ha\e overriding effect.
28. The Central Government may, from time to time, give such directions to the Board as it may think fit for the efficient administration of this Ordinance and when any such direction is given, the Board shall carry out such directions.
Power of the Central Government to give directions