State Act
16
Section 16. Development Fund.
The Assam Development Authority Act, 1964 (Single Document)
Act no. 31 of 19641964RepealedAssam (State Act)
This Act was repealed on a date we do not have by The Assam Repealing Act, 2022 (XXXIII); it may still apply to matters that began before then.
16. The receipts of the Authority under this Act shall form a separate development fund and any expenditure incurred by the Authority for carrying out the functions of the Authority under this Act or the rules made thereunder shall be defrayed out of such fund which shall be non-lapsable. No portion of the fund shall, except with the previous sanction of the State Government, be expended for purposes other than for carrying out the functions of the Authority under this Act or rules made thereunder.