Amendment status not verified — confirm the current text below against the official source.
(1) All sums realised, by way of penalties, imposed by the Appellate Tribunal or the Authority, in the Union terriroties, shall be credited to the Consolidated Fund of India. (2) All sums realised, by way of penalties, imposed by the Applellate Tribunal or the Authority, in a State, shall be credited to such account as the State Government may specify. Factors to be taken into account by the adjudicating officer. Grants and loans by Central Government. Grants and loans by State Government. Constitution of Fund. Crediting sums realised by way of penalties to Consolidated Fund of India or State account. 32 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—