Amendment status not verified — confirm the current text below against the official source.
(1) There shall be constituted a Fund called the Water Regulatory Fund and there shall be credited thereto,- (a) any grants made to the Regulatory Authority by the State Government under section 25 of the Act; (b) all fees received by the Regulatory Authority under this Act; (c) all sums received by the Regulatory Authority as water regulatory fee as part of the water tariff charged to be defined in the Rules to be framed in this behalf; (d) all sums received by the Regulatory Authority from such other sources as may be decided upon by the State Government. (2) The Fund shall be applied for meeting,- (a) the salary, allowances and other remuneration of the Chairman, Members and other office bearers of the Regulatory Authority; (b) the expense of the Regulatory Authority in discharge of its functions; (c) the expenses on objects and purposes authorized by this Act. Annual Report o f the Regulatory Authority