Amendment status not verified — confirm the current text below against the official source.
Purpose for which the Fund may be utilised.—The Fund shall be expended only upon,— (i) relief of famine in the State; and (ii) the relief of distress caused by drought, flood, fire or other natural calamities in the State: Provided that when the Fund exceeds sixty lakhs of rupees, the State Government may utilise the excess to meet expenditure on protective minor irrigation works and other works as may be prescribed, for the prevention of famine in the State, or for the grant of loans to cultivators either under the 1[Karnataka]1 land Improvement Loans Act, 1963 (1[Karnataka]1 Act 16 of 1963), or under the 1[Karnataka]1 Agriculturists’ Loans Act, 1963 (1[Karnataka]1 Act 17 of 1963), or for relief purposes, or in the repayment of advances made by the State Government, or to meet irrecoverable balances of loans granted under the said Act or for relief purposes.