Amendment status not verified — confirm the current text below against the official source.
() The State Government shall constitute a Fund to be known as the Punjab Development Fund. (2) The Fund shall be maintained, operated and audited in such manner, as may be prescribed. The Fund shall be applied for the following purposes: (a) for creation of community assets of durable nature; (b) for welfare schemes concerning persons as defined in the Punjab Value Added Tax Act, 2005; Establishment of the Board. Powers of the Chairperson. Constitution of the Development Fund. Objectives of the Development Fund. R PUNJAB GOVT. GAZ. (EXTRA), JANUARY 22, 2015 (MAGHA 2, 1936 SAKA)