Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 33] [Entire Act]

State of Maharashtra - Subsection

Section 33(3) in The Maharashtra Raw Cotton (Procurement, Processing and Marketing) Act, 1971

(3)The amount available in the Price Fluctuation Fund may be utilised as margin money or for other purposes of the Capital Formation Fund established under section 35A for the operation of the scheme, carrying interest at the rate of ten per cent. per annum or such other rate as may be fixed, from time to time, by the State Government. The interest shall be debited to the profit and loss account of the scheme and credited to the Price Fluctuation Fund.] [Sub-sections (2) and (3) were substituted for the original sub-section (2) by Maharashtra 59 of 1981, Section 11.]