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[Cites 0, Cited by 0] [Section 70] [Entire Act]

State of Tamilnadu - Subsection

Section 70(3) in Tamil Nadu Vanniyakula Kshatriya Public charitable Trusts and Endowments (Protection and maintenance) Act, 2018

(3)The fund specified under sub-section (1) of this section shall be applied to,-
(a)repayment of any loan borrowed by the Board and payment of interest thereon;
(b)payment of the cost of audit of the Fund and the accounts of trust and endowment;
(c)payment of the salary and allowances to the officers and staff of the Board;
(d)payment of travelling allowances to the chairperson, members of the Board and officers and staff of the Board;
(e)payment of all expenses incurred by the Board in the performance of the duties imposed, and the exercise of the powers conferred by, or under this Act;
(f)payment of all expenses incurred by the Board for the discharge of any obligation imposed on it by or under any law for the time being in force.