Bare ActsThe Odisha Bhoodan and Gramdan Act, 1970

Section 15

( I ) The Samiti shall have its own Fund called ,hCSadti

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( I ) The Samiti shall have its own Fund called ,hCSadti. the Orissa Bhoodan Yagna Sa~niti Fund; and all moneys which may, from time to time, be paid to it by any agency or any Government or any local authoritjT or any person shall be credited to the fund and all payments by the Samiti shsll be made ther* from. (2) All moneys belonging to the fund shall be deposited in such Banks or invested in such manner as may, subject to the approval of the State Govern- ment, be decided by the Samiti, (3) All property, Fund and other assets vesting in the Samiti shall be held and applied by it subject to the provisions and for the purposes of this Act. (4) The Samiti may accept any land in exchange for the land donated in pursuance of Bhoodan Yagna or Gramdan. -- CHAPTER 111 Declaration of a village

Section 15 – The Odisha Bhoodan and Gramdan Act, 1970 | DailyLaw.ai