(a) a percentage of the amount realised from the bidders by way of auction or sale 2[or allotment over and above the auction price or sale price or allotment price, as the case may be,] of immovable properties including Optimum Utilization of Vacant Government Lands (OUVGL) properties by the Government, semi-Government agencies, Urban Local Bodies, Improvement Trusts and 1 Existing Provision of Section 6, Re-numbered as sub-section (1), Punjab Act No.8 of 2015, Section 2 2 Inserted by Punjab Act No.8 of 2015, Section 2 Purposes for which the Fund may be used.
Contribution to the Fund.
Constitution of Fund.
Panchayati Raj Institutions, 1 [as notified by the Government from time to time in each case];
(b) a percentage of the revenues realised by the societies and trusts, set up by the departments of the State Government excluding the grants-in-aid received by such societies and trusts from the State or Central Government, 2[as notified by the Government from time to time in each case];
(c) grants-in-aid or contributions received from Punjab Government or the State PSUs/Boards/Corporations/Apex Co-operative, Urban Local Bodies, Improvement Trusts and Panchayati Raj Institutions at their option, 4[as notified by the Government from time to time in each case];
(d) a percentage of Funds collected through the infrastructural development projects of the projects having a worth of more than 3 [Rupees fifteen crores], such as the construction of the roads, bridges and flyovers taken up by the agencies like Public Works Department, Mandi Board, Punjab Infrastructure Development Board and the Punjab Roads and Bridges Development Board or through the State Funding;
(e) surcharge on any tax or cess, as may be 4[notified by the Government from time to time]; and 1 Substituted for words “as prescribed in each case” by Punjab Act No.8 of 2015, Section 2 2Substituted for words “as prescribed in each case” by Punjab Act No.8 of 2015, Section 2 3 Substituted for words “rupees fifty crores” by Punjab Act No.55 of 2013, Section 2 4 Substituted for word “prescribed” by Punjab Act No.8 of 2015, Section 2
(f) such other contributions as may be 1 [notified by the Government] from time to time.
2[(2) The Government, other departments of the State Government and agencies mentioned in clauses (a) to (d) and to be notified under clauses
(e) and (f) shall be the nodal departments/agencies for collecting the amount so notified and depositing the same in the fund.]
7. The Fund shall be administered by and in the name of the Board or as prescribed.
8. The accounts of the Fund constituted under section 4 shall be audited by the Examiner Local Funds Accounts, Punjab.
9. No Civil Court shall have any jurisdiction to entertain or decide any question relating to matters arising under this Act or the rules made there under.
10. (1) No suit, prosecution or other legal proceedings shall lie against any person in respect of anything which is in good faith done or intended to be done in pursuance of this Act or the rules made there under.
(2) No suit or other legal proceedings shall lie against the Government for any damage caused by anything which is in good faith done or intended to be done in pursuance of this Act or the rules made there under.
11. The State Government may, by notification, make rules for carrying out the purposes of the Act.
1 Substituted for word “prescribed” by Punjab Act No.8 of 2015, Section 2 2 Added by Punjab Act No.8 of 2015, Section 2 Administration of the Fund.
Audit.
Bar of jurisdiction.
Protection of action taken in good faith.
Power to make rules.
12. If any difficulty arises in giving effect to the provisions of this Act, the Government may, by order, make such provisions including any adaption or modification of any provisions of this Act, as appears to the Government to be necessary or expedient for removing the difficulty:
Provided that no such order shall be made after the expiry of a period of two years from the date of commencement of this Act.
13. Save as otherwise provided in this Act, the provisions of this Act or the rules made thereunder shall have effect, notwithstanding anything inconsistent therewith contained in the Punjab Municipal Corporation Act, 1976, the Punjab Municipal Act, 1911, the Punjab Town Improvement Act, 1922, the Punjab Panchayati Raj Act, 1994, the Punjab Regional and Town Planning and Development Act, 1995, the Punjab Excise Act, 1914, the Punjab Agricultural Produce Markets Act, 1961 and the Punjab Apartment and Property Regulation Act, 1995 or any other law for the time being in force.
Overriding effect.
Power to remove difficulties.