Amendment status not verified — confirm the current text below against the official source.
(1) The proceeds of the education cess and penalties (other than fines) recovered under this Act, shall first be credited to the Consolidated Fund of the State and after deduction of the expenses of collection and recovery therefrom shall, under appropriation duly made by law in this behalf, be entered in, and transferred to, a separate fund called the State Education Cess Fund. (2) Any amount transferred to the State Education Cess Find under sub- section (1) shall be charged on the Consolidated Fund of the State. (3) The amount in the State Education Cess Fund shall be expended in such manner and under such conditions as may be prescribed, for the purpose mentioned in section 3. Bom. XIX of 1960. Education cess. State Education Cess Fund. 1962 : Guj. . XXXV ] Gujarat Education Cess Act, 1962 7 of 16 CHAPTER III. SURCHARGE ON LANDS. A. Surcharge on agricultural lands.