(1) The Central Government shall from time to time make grants to the Board of such sums as the Central Government may consider necessary for enabling the Board to exercise its powers and discharge its duties under this Act.
(2) The funds of the Board shall be kept in such bank, or, invested in such manner, as may be prescribed and shall be expended by the Board only in the performance of its functions under this Act or for meeting such expenses as are authorised by the Act or by rules made thereunder.
(2) The funds of the Board shall be kept in such bank, or, invested in such manner, as may be prescribed and shall be expended by the Board only in the performance of its functions under this Act or for meeting such expenses as are authorised by the Act or by rules made thereunder.
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Next · Section 10Imposition of cess on certain kinds of silk. →All sections / सभी धाराएँThe Central Silk Board Act, 1948 →
More sections of this act
Section 1 · Short title and extent.Section 2 · Declaration as to expediency of Union control.Section 3 · Definitions.Section 4 · Constitution of the Board.Section 4A · Disqualification for being nominated or appointed as a member of Board.Section 5 · Power of the Central Government in default of nominations.Section 6 · Vice-Chairperson and Standing Committee.Section 7 · Secretary of the Board.India Code, Government of India. Text fetched 18 Oct 2026. Source metadata reports last modification: 2020-04-07. Check the linked official text and subsequent notifications when applying a provision.