State Act
6
Section 6. Guarantee Redemption Fund.
The Kerala Ceiling on Government Guarantees Act, 2003
Act no. 30 of 20032003In forceKerala (State Act)
6. Guarantee Redemption Fund.—(1) The Government shall, by notification in the Gazette, constitute a fund called the Guarantee Redemption Fund. (2) The Guarantee commission charged under section 5 shall form the corpus of the Guarantee Redemption Fund and it shall be remitted in the Public Accounts of the State. (3) The administration of Guarantee Redemption Fund shall be in such manner as may be prescribed.