Amendment status not verified — confirm the current text below against the official source.
(1) There shall be constituted a fund to be called “ the Kumbh Mela Fund ” and the following shall be credited thereto, namely :— (a) any grant received from the State Government or the Central Government ; (b) any fee, charges and surcharges, etc., received by the Authority under this Act ; (c) any trust, bequests, donations, endowments and other grants ; and (d) any other sums received on behalf of the Authority. (2) The Kumbh Mela Fund shall be applied for organizing and managing the Kumbh Mela and allied activities and any other purposes as may be approved by the Authority. (3) The State Government, all the Departments, Government companies and statutory bodies or corporations shall transfer all the funds and grants for proposed and ongoing works, projects or procurements directly or indirectly related to Kumbh Mela and allied activities to the Authority which shall be released as per the provisions of this Act. (4) The Kumbh Mela Fund shall be operated by the Kumbh Mela Commissioner with the approval of the Chairperson.