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State of Uttarakhand - Section

Section 8 in Uttarakhand Motor Vehicles Taxation Reforms Act, 2003

8. Accident Relief Fund.

- [(1) For the purpose of providing relief to the passengers or other persons, suffering casualty in any accident in which a public service vehicle is involved, or to heirs of such passengers or other persons, The State Government shall establish a fund to be know as "The Uttarakhand Road Transport Accident Relief Fund." The amount equivalent to two percent of the tax levied under sub-section (1), (1-A), (2), (2-A) and (2-B) of section 4 shall be credited to the said fund.] [Substitute by section 8 of Uttarakhand Act No. 08 of 2013.]
(2)The fund established under sub-section (1) shall be administered and utilized in such manner, as may be prescribed.