State Act

21

Section 21. Reserve and other funds.

The Maharashtra Medical Goods Procurement Authority Act, 2023.

Act no. XIII of 20232023In forceMaharashtra (State Act)

21. Reserve and other funds.— (1) The Procurement Authority shall make provisions for a reserve fund and may provide for other specially denominated funds as it deems fit. (2) The management of the funds referred to in sub-section (1), the sums to be transferred from time to time to the credit thereof and the application of money comprised therein, shall be determined by the Procurement Authority.