Amendment status not verified — confirm the current text below against the official source.
The Corporation may accept deposits on such terms and conditidns as it DePOBiQ deems fit from .persons, authorities or institutions,, to whom .allotment o r sale of Iand, buildings orsheds is made or is likely, to' be made in furtherance of the objects of th+ ,Act., . - . - 24. (I)' The Corporation shall make provision for such feserve' -and other specially RBcrn &a funds. "* denominated . funds as tbe State Govo~nment may fiom time to trme, direct. I , :- . . (2) The management of the funds referred to ii sub-section (I), the SU& to be traosfeaed from time lo time to the credit thereof and the application of money comprised therein shall ba determined by 'the Corporation. - - . I . (3) None of the fuods referred to in sub-section (I) shall be utllired for any purpose other ,than ' that for which it was watituted without the previous approval of the State Government. . ,. - . , , - ,