Section 22
Fund.
About this Act
An Act to provide for the constitution of a body at the National level for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities and for matters connected therewith or incidental thereto.
(1) There shall be constituted a Fund to be called the National Trust for Welfare of
Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Fund and there shall
be credited thereto--
(a) all moneys received from the Central Government;
(b) all moneys received by the Trust by way of grants, gifts, donations, benefactions, bequests and transfers;
(c) all moneys received by the Trust in any other manner or from any other source.
(2) All moneys belonging to the fund shall be deposited in such banks or invested in such manner as the Board may, subject to the approval of the Central Government, decide.
(3) The Funds shall be applied towards meeting the administrative and other expenses of the Trust including expenses incurred in the exercise of its powers and performance of duties by the Board in relation to any of its activities under section 10 or for anything relatable thereto.
(a) all moneys received from the Central Government;
(b) all moneys received by the Trust by way of grants, gifts, donations, benefactions, bequests and transfers;
(c) all moneys received by the Trust in any other manner or from any other source.
(2) All moneys belonging to the fund shall be deposited in such banks or invested in such manner as the Board may, subject to the approval of the Central Government, decide.
(3) The Funds shall be applied towards meeting the administrative and other expenses of the Trust including expenses incurred in the exercise of its powers and performance of duties by the Board in relation to any of its activities under section 10 or for anything relatable thereto.