(1) There shall be constituted a Fund to be called "The Cattle Fair Fund" to which shall be credited the following, namely:-
(a) all fees, rents or other sums of money (not being tolls and taxes) received or realized under the provisions of this Act or the rules made thereunder ;and
(b) all donations or grants made to the Fund by the State Government, a local authority or any other person.
(2) The Cattle Fair Fund shall be kept in such Government treasury or sub-treasury as may be specified by the State Government.
17. The Cattle Fair Fund shall be operated in such manner and to such extent by such authority as the State Government or the Deputy Commissioner if so authorised by it, may, by order in writing direct and shall be applicable for the purposes of payment, in whole or in part, of all charges and expenses incidental to the matters specified in this Act and the rules made thereunder, including the following purposes, namely:-
(a) all expenses necessary for the holding, controlling, managing or regulation of cattle fairs and for matters connected therewith or incidental thereto;
(b) payment of salaries and allowances of persons employed in connection with the cattle fair;
Application of Cattle Fair Fund.
(c) payment of fees for the auditing of accounts of the Fund by such auditors and at such rate as the State Government may determine;
(d) reimbursement to any local authority of any expenditure incurred or of advances made by it for the purpose of holding a cattle fair;
(e) allocation to local authorities in such proportion as the State Government may consider fit, for the development of cattle or animal husbandry or such other purposes as the State Government may think fit; or
(f) such other purposes as the State Government may, by written order, direct.