Amendment status not verified — confirm the current text below against the official source.
hap oJ juiutljcljo,t pjCour1s.No order alade by the or the competent anthority in the exrcise of' any pQWer coufèi'red by. uadei this chaptci shall be i ailed in question tit any coat t wd no , shall be granted by any court or other atitlioi'ity in respect oil ady cio: ' taken or tçJ be taken in pursuance 01 any I)owei' conferred. l)y. or rirtctc' tbs c. chaptet'.. . / . ... Cuipsrn "I1 f"1NANCh 90, B OURI 'S fin d. (1) The Board sisal I have its own fsnd, .' lloot'd sony accept grants, l,)vrntiOis, dorttiorts and ils li'tns tht eitti'tl or State Qoyethment 01' local iu1iEn'ity,. os- any iudivictual or body whether incorporated or not, f' -all or any of the iu'poscs of this Act. All noney received by or on behalfof' tho Board by virtOc of this c\cr, all pz'uccecls of laud or any other kirtd of property sold by the Board, all seats am.l all interest, profits and othet: moneys accruing t9 the Board lwll constitute the fund of' the Board. Subject to the provisions OF subec'tioji (5) all mQneys atscj I (_clph spccslit cl in t lie 161-cgoing pi oviston itid lot ming p sit of thc fuud of' the Bo4ed shall be deposited into the public a of he CoversuyenC antler such, detailed head of' account as may bd.prescribecj,, and' the ,tsaid account shall be operated . upon by such officers 'of' the Board as 'may be authorised by the Board anti in such sniannet' a.s fuay 'be PiCSCribecl: Provided that the Boi'd may invest any rins ot i'equii'ect fiv isisniejiate use in such sccufitje5 or Ltel)Cuturcs as may be approved- by the Guvernisient . . , Notwitlutandiisg anything contained in sitbssctiou (4'), jho Board may deposit in the Resci'v Bank oh' India or in ahy' Sclst;dulecl 'flank any amousit not exceeding such sum as may be presi'ibecj for the Qj)ei'atiQfl oh an account with such Bttk, anti such account shall be' operated upon b such ofbcei' of' the Board as may be authoi'ised by the flonz'd and ju-s(cls mariner as 'amy be pi'escribed. . . ' ixp1ancasw,,.-_Foj the 1)tU'POse of this section, the leses-ve fiatk of .hall mean the Reserve Bank of' India colistiluted undes' the Resçi've, flank .,,f India Act, 1934 (Ccnti'aJ Act 1934), and a Scheduled flank shall mean a bank included in the Second Sehecl ule to the said Act,