Amendment status not verified — confirm the current text below against the official source.
(1) ) building land or any other property, moveable or immoveable, for use and management by the Board on such conditions and limitations as the Govern- ment may deem fit, for the purposes of this Act. The Government x;lay transfer to the Board such schemes or works in progress, with all their assets and liabilities as are run or managed by Government subject to such conditions and limitations as the Government may deem fit to impose for the purposes of this Act. The Board shall have its own fund and all receipts of the Board shall be credited there; to 4nd all Ppayments by the Board shall be made therefrom. The Board may accept grants, loans, subventions, donations and gifts from the Government or a local authority or other statutory body including the Commission or any private body, whether incorpo- rated or not, or an individual for all or any of the purposes of this Act. (3) All moneys belonging to the. fund of Board shall be © deposited in such manner as the Government may, by special or general order direct. Such accounts shall be operated upon bj{ such Officers jointly or individually as may be authorised by the Board. Application of furds and property. Subventions and loaos to the Board. Preparation and subm- ission of Annual Prog- ramme and establish- ment Schedule. Sanction of prog- ramme and establish- ment schedule.