Bare ActsThe Kerala Industrial Infrastructure Development Act,1993(3 of 1993)

Section 17

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

Rese/w,s aN olt:r,( furds - (l ) Tho Corpo,atbn sllal make p'ovisir for such tes€rve and other specially denominated funds in such mann€r and lo such extent as the Govsmment may, ftom lime to time' direcl' (2) Ihs managoinonl of the fut'ds rersrsd b in sub-sodbn (t )' tho eutns lraNleryod ftorn time lo time lo th€ crodil tloreof eatd Ole apdidbo I ol money comprised therein' shall be as determined by the CorPoration. (3) The funds retened to in sub-section (1) shall nol' wilhoul lhe previous approval of the Govemmsnt. be utilised for any purpose other thao thal for which it wtss constituted.

Section 17 – The Kerala Industrial Infrastructure Development Act,1993(3 of 1993) | DailyLaw.ai