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Section 21: Fund of the Authority

The Uttar Pradesh State Highways Authority Act, 2004State Act of Uttar Pradesh · Act 19 of 2004

(1) There shall be constituted a Fund to be called the Uttar Pradesh State Highways Authority Fund and there shall be credited thereto, -

(a) any grant or aid received by the Authority;

(b) any loan taken by the Authority or any borrowings made by it;

(c) any other sums received by the Authority.

(2) The Fund shall be utilized for meeting -

(a) expenses of the Authority in the discharges of its functions having regard to the purposes for which such grants, loans or borrowings are received and for matters connected therewith or incidental thereto;

(b) salary, allowances, other remuneration and facilities provided to the members, officers and other employees of the Authority,

(c) expenses on objects and for purposes authorized by this Act.

Where this provision sits

ActThe Uttar Pradesh State Highways Authority Act, 2004
Section21
Marginal noteFund of the Authority
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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