LawgistThe Compensatory Afforestation Fund Act
21Investment of funds by National Authority
The National Authority may invest its funds, including any reserve fund, in the securities of the Central Government and in scheduled banks in such manner as may be prescribed:
Provided that the grants received from the Central Government shall not be invested and shall be utilised for the purposes and in the manner attached to it.
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FINANCE, ACCOUNTS, AUDIT AND ANNUAL REPORT
- 20 Budget of National Authority
- 21 Investment of funds by National Authority
- 22 Accounts and audit of National Authority
- 23 Annual report of National Authority
- 24 Annual report and audit report of National Authority to be laid before Parliament
- 25 Budget of State Authority
- 26 Investment of funds by State Authority
- 27 Accounts and audit of State Authority
- 28 Annual report of State Authority
- 29 Annual report and audit report of State Authority to be laid before State Legislature
