Section 18
Fund. Repealed
The Bureau of Indian Standards Act, 1986
About this Act
An Act to provide for the establishment of a Bureau for the harmonious development of the activities of standardisation, marking and quality certification of goods and for matters connected therewith or incidental thereto.
(1) There shall be constituted a Fund to be called the Bureau of Indian Standards Fund
and there shall be credited thereto—
(a) any grants and loans made to the Bureau by the Central Government under section 17;
(b) all fees and charges received by the Bureau under this Act;
(c) all sums received by the Bureau from such other sources as may be decided upon by the Central Government.
(2) The Fund shall be applied for meeting—
(a) the salary, allowances and other remuneration of the members, Director-General, officers and other employees of the Bureau;
(b) expenses of the Bureau in the discharge of its functions under section 10;
(c) expenses on objects and for purposes authorised by this Act.
(a) any grants and loans made to the Bureau by the Central Government under section 17;
(b) all fees and charges received by the Bureau under this Act;
(c) all sums received by the Bureau from such other sources as may be decided upon by the Central Government.
(2) The Fund shall be applied for meeting—
(a) the salary, allowances and other remuneration of the members, Director-General, officers and other employees of the Bureau;
(b) expenses of the Bureau in the discharge of its functions under section 10;
(c) expenses on objects and for purposes authorised by this Act.