Amendment status not verified — confirm the current text below against the official source.
Funds of the Naga Hospital Authority: (1) The Naga Hospital Authority shall maintain a fund to which shall be credited- a. All moneys provided by the state government. b. All moneys received by the Naga Hospital Authority by way of grants, gifts, donations, benefactions, bequests or transfers, c. All fees and other charges received by the Naga Hospital Authority in other manner or from any other source. (2) All moneys credited to the Fund shall be deposited in such banks or invested in such manner as the Naga Hospital Authorit) may decide subject to regulations that may be made in this behalf. -7- (3) The Fund shall be applied towards meeting the expenses of the Naga Hospital Authority including the expenses incurred in the exercise of its powers and discharge of its functions.