Section 37: Constitution of fund. The Warehousing (Development and Regulation) Act, 2007 Central Act · Act 37 of 2007
(1) There shall be constituted a fund to be called the Warehousing Development and Regulatory Authority Fund and there shall be credited thereto--
(a) all Central Government grants, fees and charges received by the Authority;
(b) all sums received by the Authority from such other source as may be decided upon by the Central Government;
(c) all sums realised by way of penalties under this Act.
(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 other expenses of the Authority in connection with the discharge of its functions and for the purposes of this Act.
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