Amendment status not verified — confirm the current text below against the official source.
The receipt of Authority under this Act. shall form a separate development fund and all expenditure under this Act, · ·-: any develop- ment scheme thereunder, sha .: be defrayed 99 out of such fund. No portion of the fund shall, except with the sanction of Government, be expended for purposes not provided by this Powers to bonow. Grant, ad- vances and loans. Act.