LawgistThe Press Council Act
18Fund of the Council
(1) The Council shall have its own fund, and the fees collected by it, all such sums as may, from time to time, be paid to it by the Central Government and all grants and advances made to it by any other authority or person shall be credited to the Fund and all payments by the Council shall be made therefrom.
(2) All moneys belonging to the Fund shall be deposited in such banks or invested in such manner as may, subject to the approval of the Central Government, be decided by the Council.
(3) The Council may spend such sums as it thinks fit for performing its functions under this Act, and such sums shall be treated as expenditure payable out of the Fund of the Council.
Download our fully-offline, High speed android app.- Click here
All sections
- 1 Short title and extent
- 2 Definitions
- 3 Rule of construction respecting enactments not extending to the State of Jammu and Kashmir or Sikkim
- 4 Incorporation of the Council
- 5 Composition of the Council
- 6 Term of office and retirement of members
- 7 Conditions of service of members
- 8 Committees of the Council
- 9 Meetings of the Council and committees
- 10 Vacancies among members or defect in the constitution not to invalidate acts and proceedings of the Council
- 11 Staff of the Council
- 12 Authentication of orders and other instruments of the Council
- 13 Objects and functions of the Council
- 14 Power to censure
- 15 General powers of the Council
- 16 Levy of fees
- 17 Payments to the Council
- 18 Fund of the Council
- 19 Budget
- 20 Annual report
- 21 Interim reports
- 22 Accounts and audit
- 23 Protection of action taken in good faith
- 24 Members, etc., to be public servants
- 25 Power to make rules
- 26 Power to make regulations
- 27 Amendment of Act 25 of 1867
