Amendment status not verified — confirm the current text below against the official source.
Creation of special fund.— (1) The State Government may, for the purpose of reserving funds for meeting expenditure relating to any specified object, by general or special order, direct a Zilla Parishad— (a) that such portion of the district fund as may be specified in the order, or (b) that proceed from such source of income as may be specified therein, [be credited to a separate head in the accounts of the Zilla Parishad for meeting expenditure on the object so specified. 1 Sub-section (2B) was inserted by Mah. 42 of 1986, s. 2. 2 Proviso was deleted by Mah. 6 of 1975, s. 39(c). 3 Sub-section (4) was added by Mah. 6 of 1975, s. 39(d). 4 Section 130A was inserted by Mah. 43 of 1962, s. 17. 5 These words were added by Mah. 35 of 1963, s. 55. 98 The Maharashtra Zilla Parishads and Panchayat [1962 : Mah. V Samitis Act, 1961 (2) When a fund is created under sub-section (1), such expenditure only which expressly relates to the object specified in the order, shall be debited to such fund.