Amendment status not verified — confirm the current text below against the official source.
Payment of grants to Local Authorities. The State Government shall grant to the Local Authorities notified under S. 3, such share of the receipts as are collected in their respective jurisdiction from the sources detailed in the Schedu le to the Act and credited to the Consolidated Fund of the Slate of Assam, 2-A. Payment of local rnte to Gao~ or AnehaUk Panchayar. Notwith- standing anything in S, 2 the local rate collecte d trom rural areas shall be distr ibuted to the Gaon Panchayats as established under the Assam Pan- chayat Act, 1959 (Assam Act No. XXIV of 1959) at twenty-five naye Paise per capita of populations: Provided that local rate co llected from any area where Gaon Pan- chayat has not been established, sball be paid to the Anchal ik Panchayat as established under the Assam Pancb ayat Act, 1959 at the same rate. COMMENTS Section 2-A. This section was inserted vide Assam Act No. XVII of 1964 publ ished in tbe Assam Gazelle, dated 5-8-1964, to have come into force on 1-4-1964, 2-8 . Creation of fund for glviog special gUDtS. The excess of local rates collected over the amount di sbursed to the Gaon or Ancbalik Pan- chayat, as the case may be, under S. 2-A, if any, shall be credited to a fund to be established for the purpose in the manner as prescribed under the rules. Such fund sha ll be utilised for making up the deficit in collection of local rate in any particular year, if necessary, and for giving special grants to the Goon 0 Anchalik Panchayat or Mohkuma Par isbad, as the case may be, whenever sufficient surplus accumulates in the fund, in tbe manner as prescribed. COMMENTS Section 2·B. Thi s section was inserted vide Assam Act No. XVII of 1964 published in the Assam Gazelle, dated 5-8-1964, to have come into force on 1-4-1964.