(1) The Authority shall have and maintain its own fund to which shall be credited-
(a) all moneys received by the Authority from the State Govern- ment or the Central Government by way of grants, loans, advances or otherwise;
(b) all moneys borrowed by the Authority from sources other than the State Government or the Central Government by way of loans or debentures;
(c) all fees, tolls, cess and charges received by the Authority under this Act;
(d) all moneys received by the Authority from the disposal of lands, buildings and other properties movable and immovable; and
(e) all moneys received by the Authority by way of rents and pro- fits or in any other manner or from any other source.
(2) The fund shall be applied towards meeting the expenses to be incurred by the Authority in the administration of this Act and for no other purposes.
(3) The Authority may borrow money by way of loans or deben- tures from the Central Government or State Government or such other sources and on such terms and conditions as may be approved by the State Government.
(4) The Authority shall maintain a sinking fund for the repayment of moneys borrowed under sub-section (3), and shall pay every year. to the sinking fund such sum as may be sufficient for repayment within the period fixed of all moneys so borrowed.
(5) The sinking fund or any part thereof shall be applied in, or towards, the discharge of the loans for which such fund was created, and until such loans are wholly discharged it shall not be applied for any other purpose.