Bare ActsBureau of Indian Standards Act, 1986

Section 18

Fund

Amendment status not verified — confirm the current text below against the official source.

(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.

Section 18 – Bureau of Indian Standards Act, 1986 | DailyLaw.ai