Amendment status not verified — confirm the current text below against the official source.
The Corporation shall have the authority to spend such sums as it thinks fit for the purposes authorised under this Act from out of the fund of the Corporation referred to in section 21 or from the reserve and other funds referred to in sub-section (1) of section 23, as the case may be. Guarantee by State Government in respect of shares. Borrowing by the Corporation. Receipts into, and payments from, the general fund of the Corporation. Dividends on shares. 8 THE KOLKATA GAZETTE, EXTRAORDINARY, SEPTEMBER 13, 2017 [PART III The West Bengal Scheduled Castes, Scheduled Tribes and Other Backward Classes Development and Finance Corporation Act, 2017. (Sections 24-28.) Budget. Accounts and Audit. Power of State Government to issue instructions. Furnishing of returns etc. Supersession of the Corporation.