Central Silk Board Act,1948

Act No : 61

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Section : Funds of the Board.

9. Funds of the Board. (1) The Central Government shall from time to time make grants to the Board of such sums as the Central Government may consider necessary for enabling the Board to exercise its powers and discharge its duties under this Act. (2) The funds of the Board shall be kept in such bank, or invested in such manner, as may be prescribed, and shall be expended by the Board --------------------------------------------------------------------- 1. The word "raw" omitted by Act 31 of 1953, s. 6 (w.e.f. 25-3- 1954). 2. Subs. by Act 21 of 1970, s. 3, for "reeling of Silkworm cocoons". 3. Clause (c) omitted by s. 3, ibid. 4. Ins. by Act 31 of 1953, s. 6 (w.e.f. 25-3-1854). 5. Clause (b) omitted by Act 21 of 1970, s. 3. 6. The word "other" omitted by s. 3, ibid. 71 only in the performance of its functions under this Act or for meeting such expenses as are authorised by this Act or by rules made thereunder.

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