Amendment status not verified — confirm the current text below against the official source.
(1). Every mining settlement shall have a fund to be called "the Mining Settlement Fund". Such fund shall he vested in the Board, and there shall be placed to the credit thereof— • (a) all sums charged and received by the Board under the provisions of this Act; The Mining Settlanionb- VIttlft. 12 The West Bengal Mining Settlements (Health and Welfare) dot, 1964. Wed Sea. Aet (Chapter V.—The Mining Settlement Fund.—Section 26.) (b) all sums paid to the Board out of the Consolidated Fund of the State by the State Government end all sums borrowed by the Board under the Local Authorities Loans Act, 1914, for the purpose of carrying out the provisions of this Act; all grants received from any local authority, association or private person; (d) all sums realized as expenses, fees, fines, penalties or otherwise under this Act or the rules or by- laws made thereunder; (e) all other sums received by or on behalf of the Board. (2) The custody and the investment of the money to the credit of a Mining E'ettlement Fund shall he such as may be prescribed. Applies- 2C (1) A Mining Settlement Fund shall be applied for thei er the Fund. the following purposes, namely :— (0) 9 of 1914 the payment of expenses incurred by the Board for the purposes of this Act and the rules, by- laws and regulations made thereunder; (ii) the payment of contributions or grants for the pr: v and control of epidemic and ether tiireases and for welfare activities in the mining settlement, including contributions referred to in sub-section (2); (iii) the payment of any .sums which the Board may be liable to pay as interest on loans, and to the re-payment of the principal of such loans; (iw) the payment of the cost of audit; (v) the payment of the salaries and allowances of the officers and servants employed by the Board; (vi) the payment of expenses incurred by the Board ru providing medical assidance, in accordance with regulations made under this Act, to the officers end servants employed by the Board; the payment of contributions to a provident or annuity fund for the officers and servants. employed by the Board; the payment of pensions and gratuities to the officers and servants employed by the Board and to the members of the families of such officers and servants; (i) (vet) (44) The West Bengal Mining Settlement: (health and Welfare) IS Acts 7964. XXV of 1964.1 (Chapter V 1.—Penalties.—Seotion 27.) (iie) the payment of travelling allowances to members of the Board ; (z) the payment of any advances to the officers and servants employed by the Board to enable them to acquire or construct residences for themselves or to enable them to purchase vehicles for use by them in discharging the duties imposed on them by or under this Act; (ss) the payment of any other lawful expenses or of any expenses specially sanctioned by the State Government. (2) If any medical or public health institution. hospital, dispensary or clinic is established and maintained by the State Government within a mining settlement for the benefit of persons residing within the settlement including those employed in mines, the State Government may require the Board to contribute such share of the cost of establishment and maintenance of the institution, hospital, dispensary or clinic, so established and maintained, as the State Government may consider reasonable. OHAPTER VI. PgRAILTI7Ni.