Section 4
Grants, loans, etc., by Central Government to Society.
About this Act
An Act to declare the institution known as the Asiatic Society having at present its registered office in Calcutta to be an institution of national importance and to provide for certain matters connected therewith.
For the purpose of enabling the
Society to discharge efficiently its functions, including in particular those relating to research, literary,
library, scientific and museological activities, collection of manuscripts, coins and art objects, and the
publication of periodicals, books and other literature, the Central Government may, after due
appropriation made by Parliament by law in this behalf, pay to the Society in each financial year such
sums of money as that Government considers necessary by way of grants, loans or otherwise.