Clause 13
Funds of the Board
of Central Sikh Gurdwara Board Bill
BillNot in forceProvision 13 of 21
Clause 13
(1)
All funds belonging to the Board shall be kept in a bank or banks as may be approved by the Board.
(2)
The Board’s funds shall be preserved, invested, utilised, disposed of and paid out in accordance with the resolutions passed under subsection (2) of section 8 and with any rules made under section 16.