Section 20 in Assam Elementary Education Act, 1962
20. Receipt and expenditure.
(1)All moneys received for this purpose of the Elementary Education Fund shall forthwith be paid into an account opened in the Government 'Treasury or in a Bank approved by the State Government.(2)No expenditure shall be incurred from the Elementary Education Fund except for the purposes of this Act and unless such expenditure has been provided for in the budget of the State Board approved by the State Government.
