Amendment status not verified — confirm the current text below against the official source.
(1) There shall be a Fund to be called the Cultural Heritage Maintenance and Development Fund, which shall be made available to the Board by the Department of Finance for carrying out the purposes of this Act. (2) The Fund shall be administered by the Board. The Fund shall have the following contributions, namely: - (i) the amount of cess levied and collected under section 6; Fund of the Board. Officers and employees. 1[(ii) any grant/amount received from the Government, the State Public Sector Undertakings that is Corporations, Boards, Trusts and Societies on account of percentage share of their revenues or out of their profits on a case to case basis or any other source;] (iii) any additional income to the Department of Cultural Affairs, Archaeology and Museums, Punjab including any other miscellaneous receipt after the commencement of this Act. (iv) donation and private contributions; and (v) any other sum of money which the State Government may subsequently decide to contribute to the Fund. 6 (1) Notwithstanding anything contrary contained in any other law for the time being in force there shall be levied a cess at a rate one percent of the project cost for carrying out the purposes of this Act. (2) The Cess levied under this section shall be collected in the manner as prescribed, by the Department concerned and agencies on the construction cost of Roads, Bridges, Flyovers, Road over Bridges/Road under Bridges (ROB’s/RUB’s) etc. undertaken by PWD, Mandi Board, Punjab Infrastructure Development Board, Punjab Roads and Bridges Development Board out of the state or its own resources. 2[(2-A) There shall also be levied a cess under this section on the civil works to be executed by the Greater Mohali Area Development Authority and the works of the Punjab Water Supply and Sewerage Board, Department of Irrigation that is related to Irrigation, Drainage, Flood Management 1 Substituted by Punjab Act No. 43 of 2013, Section 2 2 Inserted by Punjab Act No. 43 of 2013, Section 3 Levy of cess. Programme and works of the Punjab State Tubewell Corporation and Ranjit Sagar Dam Project, Shahpur Kandi.] (3) It shall also be levied on all buildings costing more than 1[rupees fifteen crores] constructed by the agencies of the State out of their own or State resources (4) The proceeds of the cess levied under the sub-section (1), shall be credited by the agencies concerned directly into the consolidated fund of the State, within fifteen days of its collection under intimation to the Department of Cultural Affairs, Archaeology and Museums, Punjab. (5) The cess so collected thereof shall be released by the State Government from under the Plan Scheme, to be created afresh, to the Board, periodically for application of the Funds.