Bare ActsThe Himachal Pradesh Antyodaya Corporation Act, 1979

Section 20

Relief and Common Good Fund

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

Relief and Common Good Fund.- (1) To the Relief and Common Good Fund shall be credited every year such amount, not exceeding ten percent of the net profits, if any of the Corporation, as the Board may decide: Provided that nothing herein shall be deemed to debar the State Government, Central Government or any other organisation from giving such amount by way of additional grant for being credited to this Fund as it may think fit. (2) The Relief and Common Good Fund shall be used for the purposes in connection with the welfare of the members of antyodaya families in such form and manner as may be decided by the Board.

Section 20 – The Himachal Pradesh Antyodaya Corporation Act, 1979 | DailyLaw.ai