39Property and funds
(1) For every Gram Panchayat there shall be constituted a Gram Panchayat Fund bearing the name of the Gram Panchayat and there shall be placed to the credit thereof--
(a) contributions and grants, if any, made by the Central or State Government;
(b) contributions and grants, if any, made by the Zilla Parishad or any other local authority;
(c) loans, if any, granted by the Central or the State Government;
(d) all receipts on accounts of taxes, rates and fees levied by it; and
(e) all other sums received by or on behalf of other Gram Panchayat.
(2) Every Gram Panchayat shall set apart and apply annually such sum as may be required to meet--
(a) The cost of its own administration including the payment of salary, allowances, provident fund and gratuity to the officers and employees and to the Secretary:
Provided that the total expenditure on establishment shall not exceed one-third of the total expenditure, of the Gram Panchayat in any year.
(b) Every Gram Panchayat shall have the power to spend such sums as it thinks fit for carrying out the purpose of this Act;
(c) The Gram Panchayat Fund shall be vested in the Gram Panchayat and the balance to the credit of the Fund shall be kept in such custody as may be prescribed.
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- 13 Constitution of Gram Panchayat
- 14 Incorporation of Gram Panchayat
- 15 Electoral Roll of Gram Panchayat
- 16 Publication of Electoral Roll of Gram Panchayat
- 17 Composition of Gram Panchayat
- 18 Division of Gram Sabha into territorial constituencies
- 19 Reservation of seats
- 20 Term of the Gram Panchayats
- 21 Election of the Pradhan and members of Gram Panchayat
- 22 Appointment of an Administrative Committee or Administrator on failure to elect members of Gram Panchayats and in other cases
- 23 Filling of casual vacancy in the office of Pradhan and of the member
- 24 Election of Up-Pradhan
- 25 Reservation of seats for Pradhan and Up-Pradhan
- 26 Procedure for election of Up-Pradhan on the establishment of Gram Panchayat
- 27 Term of the office of the Pradhan and Up-Pradhan
- 28 Powers, functions and duties of Pradhan and Up-Pradhan
- 29 Resignation of Pradhan and Up-Pradhan
- 30 No confidence motion against the Pradhan and Up-Pradhan
- 31 Resignation of members
- 32 Meeting of Gram Panchayat
- 33 Minutes
- 34 Quorum and procedure
- 35 Functions of Gram Panchayat
- 36 Assignment of functions
- 37 General powers of the Gram Panchayat
- 38 Standing Committees
- 39 Property and funds
- 40 Taxation
- 41 Financial assistance to Gram Panchayats
- 42 Budget of the Gram Panchayat
- 43 Accounts
- 44 Audit
- 45 Staff of Gram Panchayat
- 46 Staffing pattern and category of employees
- 47 Appointment and control of employees