Amendment status not verified — confirm the current text below against the official source.
When any public institution has been placed under the management and control of any Anchal Sasan,all property, endowments, and funds belonging thereto shall, subject to the provisions of any other law for the time being in force, be held by the Anchal Sasan in trust for the purposes to which tho said Aot E of 1994, e Grante-ine aid to Anchal Sagan, Anchal Fund. 101 property, endowments, and funds were lawfully applicable at the time when the institution was so placed. 159, (1) The State Government may subject to other provisions of this Act from time to time make contributionsor grants-in-aid to each Anchal Sasan for carrying out the purposes of the Act particularly for the purposes of education, public health, public works, agriculture and development and the same shall be credited. to the Anchal Fund or the Education Fund, as the case may be. (2) I£in the opinion of the State Government the whole or part of any grant-in-aid made as afore- said has not been applied for the purpose for which it was made or has been misapplied in any manner, the State Government shall have the right, to the extent of such non-application or mis-application, to obtain a refund of the said grant from the Anchal Sagan and also to discontinue such grants-in-aid in ture, CHAPTER X Tom AncuaL Funp