Amendment status not verified — confirm the current text below against the official source.
(1) Block Development Council shall have the powers to acquire, hold or dispose of property and enter into a contract in accordance with the rules in force. (2) For every Block Development Council, there shall be constituted a “Block Development Council Fund” comprising grants made by the 1 [Government of the Union territory of Jammu and Kashmir] having due regard to the number of Panchayat Halqas in a Block and the revenues assigned by the District Planning and Development Board. 2 [(3) The Block Development Council shall have power to operate funds, grants, etc. specified in Schedule II-C in the manner prescribed.]