Bare ActsThe Kerala Road Safety Authority Act, 2007

Section 11

Establishment of the Fund

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

(1) After the constitution of the Authority, within one year, there shall be established a Fund to be called the " Kerala Road Safety Fund". (2) There shall be credited to the Fund,- (a) the amount transferred under sub-section (6) of section 10; (b) grants, loans or advances made by the Government; (c) grants, loans or advances made by the Government of India; (d) contributions from public or private institutions or organisations; (e) compounding fee collected under section 28. (3) The Government shall contribute to the Fund every year, an amount equal to fifty percent of the compounding fee collected in the previous year under section 200 of the Motor Vehicles Act, 1988 (Central Act 59 of 1988).

Section 11 – The Kerala Road Safety Authority Act, 2007 | DailyLaw.ai