Amendment status not verified — confirm the current text below against the official source.
Fund of the Authority (1) The Authority shall have and maintain a separate fund called the Nagaland Groundwater Authority fund to which shall be credited: (a) such sums as may be placed at the disposal of the Authority from time to time by way of grant or loan or otherwise by the Government However, the grants released by the Government shall be utilized in the year in which it is released. (b) grants and loans received from the Central Government; (c) loans raised with prior concurrence of the Government by the Authority from (d) the financial agencies. (e) the proceeds of any fees, charges and fines levied. (f) such other sums by the Authority from any other source. (g) all the new appointments in the establishment of the Authority, where temporary or permanent with appropriate scale of pay and purchase of •new vehicles shall be made with the concurrence of the Government. (h) the Authority may impose appropriate charges on the quantum of groundwater extracted for industrial, commercial and entertainment purposes with the approval of the Government in such manner as may be prescribed. (2) The fund shall be applied for the purpose of this Act in such manner as may be prescribed. (3) The fund shall be kept in such deposit and drawn in such manner as may be prescribed. May 31, 2023 The Nagaland Gazette, Part-V 21