36Constitution of Fund and its application
(1) There shall be established by every Authority a Fund to be called the.......... (the name of the Special Economic Zone concerned) Authority Fund and there shall be credited thereto--
(a) all sums of money, which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide to the Authority;
(b) all grants or loans that may be made to the Authority under this Act;
(c) all sums received on account of user or service charges or fees or rent for the use of properties belonging to the Authority;
(d) all sums received by the Authority from such other sources as may be decided upon by the Central Government.
(2) The Fund shall be applied for meeting--
(a) the salaries, allowances and other remuneration of the members, officers and other employees of the Authority;
(b) the expenses of the Authority in the discharge of its functions under section 34;
(c) the repayment of any loan;
(d) the expenses on objects and for purposes authorised by this Act;
(e) any other administrative expenses of the Authority.
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- 31 Constitution of Authority
- 32 Officers of Authority and other staff
- 33 Special provision for transfer of officers or other employees to Authority
- 34 Functions of Authority
- 35 Grants and loans by Central Government
- 36 Constitution of Fund and its application
- 37 Accounts and audit
- 38 Directions by Central Government
- 39 Returns and reports
- 40 Power to supersede Authority
- 41 Members, officers and other employees of Authority to be public servants