(1) There shall be constituted a fund to be called the Telecom Regulatory Authority of India General Fund and there shall be credited thereto—
(a) all grants, fees and charges received by the Authority under this Ordinance;
and
(b) all sums received by the Authority from such other sources as may be decided upon by the Central Government.
(2) The Fund shall be applied for meeting—
(a) the salaries, allowances and other remuneration of the members, officers and other employees of the Authority;
(b) the expenses of the Authority in the discharge of its functions under this Ordinance; and
(c) the expenses on objects and for purposes authorised by this Ordinance.
Grants by the Central Government.
Fund.