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(1) The State Government may, by notification, establish
a fund to be called the State Employment Guarantee Fund for the purposes of implementation of the
Scheme.
(2) The amount standing to the credit of the State Fund shall be expended in such manner and subject
to such conditions and limitations as may be prescribed by the State Government for the purposes of
implementation of this Act and the Schemes made thereunder and for meeting the administrative expenses
in connection with the implementation of this Act.
(3) The State Fund shall be held and administered on behalf of the State Government in such manner
and by such authority as may be prescribed by the State Government.
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