Amendment status not verified — confirm the current text below against the official source.
Guarantee Redemption Fund.—(1) The Government shall, by | notification in the Gazette, constitute a fund called the Guarantee Redemption Fund. (2) The Guarantee commission charged under section 5 shall form the corpus of the Guarantee Redemption Fund and it shall be remitted in the Public Accounts of the State. . (3) The administration of Guarantee Redemption Fund shall be-in such manner as may be prescribed.