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[Cites 0, Cited by 2] [Section 49] [Entire Act]

State of Punjab - Subsection

Section 49(2) in Punjab Regional and Town Planning and Development Act, 1995

(2)The funds of the Authority shall be applied towards meeting -
(a)the expenditure incurred in the administration, implementation and carrying out the provisions of this Act;
(b)the cost of acquisition of land for the purposes of this Act;
(c)the expenditure for development of land and construction of houses; and
(d)the expenditure for such other purposes as the State Government may direct or permit.