Bare ActsThe KARNATAKA STATE ROAD SAFETY AUTHORITY ACT, 2017

Section 12

Establishment of the Fund

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

Establishment of the Fund.-(1) After the constitution of the Authority, within one year, there shall be established a Fund to be called the ‘Karnataka State Road Safety Fund'. (2) There shall be credited to the Fund,- (a) Grants, loans, contributions or advances made by the State Government; (b) Grants, loans, contributions or advances made by the Central Government; (c) Contributions from public and private institutions or 12 organisations; (d) Compounding fee collected under section 30; and (e) Fee amount collected by issue of smart cards. 1[(f) Such other sources of funding as may be prescribed.]1

Section 12 – The KARNATAKA STATE ROAD SAFETY AUTHORITY ACT, 2017 | DailyLaw.ai