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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2015 Chapters List Chapter VIII SENIOR CITIZENS’ WELFARE FUND This

Clause 146 - Constitution of a Committee for administration of Fund. - FINANCE BILL, 2015

FINANCE BILL, 2015
Chapter VIII
SENIOR CITIZENS’ WELFARE FUND
  • Contents

Constitution of a Committee for administration of Fund.

146. (1) The Central Government shall constitute, by notification, an Inter-Ministerial Committee for administration of the Fund consisting of a Chairperson and such other number of Members as the Central Government may appoint.

(2) The manner of administration of the Fund, holding of meetings of the Committee, shall be in accordance with such rules as may be prescribed.

(3) It shall be competent for the Committee to spend money out of the Fund for carrying out the objects specified in sub section (3) of section 145.

 



 

Notes on Clauses:

Clause 146 of the Bill provides for the constitution of a Committee for administration of the said Fund.

 
 
 
 

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