Amendment status not verified — confirm the current text below against the official source.
Substituted by Act No.8 of 2004. Acceptance of deposits by Corporation. Power to spend. Expenditure on objects other than Irrigation Projects. Reserve and other funds. 22 [Act No.12 of 1997] State Government in this behalf, be determined by the Corporation. (3) None of the funds referred to in sub-section (1) shall, except with the previous approval of the State Government be utilised for any purposes other than that for which it is constituted.