(1) There shall be constituted a Fund to be called the National Sports Board Fund and there shall be credited thereto---
(a) all grants, fees and charges received by the Board under this Act; and
(b) all sums received by the Board from such other sources as may be decided upon by the Central Government.
(2) The Fund constituted under sub-section (1) shall be applied for meeting---
(a) the salaries and allowances payable to the Chairperson and Members of the Board and the administrative expenses including the salaries and allowances payable to or in respect of officers and other employees of the Board; and
(b) all other expenses for meeting the objects and for the purposes authorised by this Act.
(a) all grants, fees and charges received by the Board under this Act; and
(b) all sums received by the Board from such other sources as may be decided upon by the Central Government.
(2) The Fund constituted under sub-section (1) shall be applied for meeting---
(a) the salaries and allowances payable to the Chairperson and Members of the Board and the administrative expenses including the salaries and allowances payable to or in respect of officers and other employees of the Board; and
(b) all other expenses for meeting the objects and for the purposes authorised by this Act.
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More sections of this act
Section 1 · Short title and commencement.Section 2 · Definitions.Section 3 · Establishment of national sports governing bodies.Section 4 · Compliance with certain requirements by National Sports Bodies.Section 5 · Establishment of National Sports Board.Section 6 · Powers and functions of Board.Section 7 · Staff of Board.Section 8 · Board recognition and registration.India Code, Government of India. Text fetched 26 Oct 2026. Source metadata reports last modification: 2026-01-06. Check the linked official text and subsequent notifications when applying a provision.