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(1) To the General Fund shall be credited--
(a) all sums received by the Central Warehousing Corporation other than those referred to in
sub-section (1) of section 16; and
(b) such grants and loans as the Central Government may make for the purposes of the
General Fund.
(2) The General Fund shall be applied--
(a) for meeting the salary, allowances and other remuneration of the officers and other
employees of the Central Warehousing Corporation;
(b) for meeting the other administrative expenses of the Corporation; and
(c) for carrying out the purposes of this Act:
1[Provided that the General Fund shall not be applied for meeting the expenses referred to in
clause (c) or clause (d) of sub-section (2) of section 16.]
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1 . The proviso ins. by Act 42 of 1976, s. 5 (w.e.f. 24-3-1976).
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