Section 18 in Jharkhand Academic Council Act, 2002
18. Application of Examination Fund.
(1)The Examination Fund shall be applicable to the following objectives-(a)to the repayment of debts incurred by the Council for the purpose of this Act and the rules and regulations made thereunder;(b)to the payment of the salaries, allowances and honorarium of the officers and the employees of the Council;(c)to the payment of the travelling and other allowances to the members of the Council and different committees;(d)to the payment of the District administration for conducting free, fair and peaceful examination;(e)to the honorarium given to the selected officers engaged in conducting the examination;(f)to the payment of expenses incurred over the jobs related to examinations and performing the functions entrusted to the Council under this Act and the rules and regulations made thereunder;(g)to the payment of the cost of audit of the Examination Fund;(h)to the expenses of any suit or proceedings to which the Council and/ or Officers of the Council are/is party;(i)to the payment of expenses incurred over repair and maintenance of the building of the Council;(j)to meet the office expenses as well as rent for the office building;(k)to the payment of any other expenses not specified in any of the preceding clauses.
