State Act

23

Section 23. Expenditure from funds.

The Dadra and Nagar Haveli and Daman and Diu Industrial Development Act, 1965 (22 of 1965)he Goa Industrial Development Act, 1965

Act no. 22 of 19651965In forceDadra and Nagar Haveli and Daman and Diu (State Act)

23. Expenditure from funds.— (1) The Corporation shall have the authority to spend such sums as it thinks fit for the purposes authorised under this Act from out of the general fund of the Corporation referred to in section 18 or from the reserve and other funds referred to in section 22 as the case may be. (2) Without prejudice to the generality of the power conferred by sub-section (1), the Corporation may contribute such sums as it thinks fit towards expenditure incurred or to be incurred by any local authority or statutory public undertaking in the performance, in relation to any of the statutory functions of such authority or undertaking, including expenditure incurred in the acquisition of land.