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(1) Subject to the provisions of rules made under sub-section (2) of section 38, the committee may by by-laws made for the purpose, constitute special funds and credit to such funds such portions of the Market Fund as may be determined by such by-laws. Such special funds may include,- (i) a Depreciation Fund ; (ii) a Provident Fund ; (iii) a Pension Fund ; (iv) an Employees Welfare Fund ; (v) a General Reserve Fund. (2) Every such fund shall form part of the Market Fund and shall be held and applied by the committee for the purposes for which such fund has been constituted.
<span style="margin-left:15px;"></span>(<i>1</i>) Subject to the provisions of rules made under sub-section (<i>2</i>) of section 38, the committee may by by-laws made for the purpose, constitute special funds and credit to such funds such portions of the Market Fund as may be determined by such by-laws. Such special funds may include,-<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>i</i>) a Depreciation Fund ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>ii</i>) a Provident Fund ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>iii</i>) a Pension Fund ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>iv</i>) an Employees Welfare Fund ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>v</i>) a General Reserve Fund.<br> <span style="margin-left:15px;"></span>(<i>2</i>) Every such fund shall form part of the Market Fund and shall be held and applied by the committee for the purposes for which such fund has been constituted. <br>