Amendment status not verified — confirm the current text below against the official source.
Funds of the Tirumala Tirupathi Devasthanams - (1) The Tirumala- Tirupathi Devasthanams shall have its own funds, the corpus of which shall include all the amounts received by it by way of donations, gifts, kanukas including offerings deposited in Hundis and any income from any other source and all payments by Tirumala-Tirupathi Devasthanams shall be made from the said funds. (2) The said funds shall be operated by an officer or officers authorised by the 1[Committee] in such manner and subject to such conditions as may be prescribed. (3) All monies belonging to the funds of the Tirumala-Tirupathi Devasthanams shall be deposited in such Bank or Treasury or be invested in such securities in accordance with such guidelines as may be issued by the Government in this behalf. (4) The funds of Tirumala-Tirupathi Devasthanams may be utilised for all or any of the following purposes and also for any other purpose permitted by any other provisions of this Act,- (i) the maintenance, management and administration of the temples specified in the First Schedule and the endowments and the properties thereof including the conduct or performance of religious rituals, functions and festivals connected therewith; (ii) the maintenance, management and administration of the educational or other institutions specified in the Second Schedule and the endowments and the properties thereof: Provided that the Government may, by notifications published in the Andhra Pradesh Gazette alter, add to, or omit any of the items in the said Schedules;