State Act

6

Section 6. Objectives of the Development Fund.

The Punjab Development Fund Act, 2014.

Act no. 1 of 20152015In forcePunjab (State Act)

6. The Fund shall be applied for the following purposes:– (a) for creation of community assets of durable nature; (b) for welfare schemes concerning persons as defined in the Punjab Value Added Tax Act, 2005; (c) any other purpose, as may be decided by the Board; and (d) 20% of the amount for de-addiction and the Punjab Cultural Heritage Maintenance and Development.