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The Paurashava Ordinance, 1977 (Ordinance)

( Ordinance NO. XXVI OF 1977 )

Chapter I


Constitution of Paurashava Fund
45. (1) For every Paurashava there shall be a fund which shall be known as the Paurashava Fund.
(2) To the credit of a Paurashava Fund formed under sub-section (1) shall be placed-
(a) the balance of such fund as on the coming into force of this Ordinance is at the disposal of the Paurashava of which it is the successor;
(b) the proceeds of all taxes, rates, tolls, fees and other charges levied by the Paurashava under this Ordinance;
(c) all rents and profits payable or accruing to the Paurashava from the property vested in or managed by the Paurashava;
(d) all sums received by the Paurashava in the performance of its functions under this Ordinance or under any other law for the time being in force;
(e) all sums contributed by individuals or institutions or by any local authority;
(f) all receipts accruing from the trusts placed under the management of the Paurashava;
(g) all grants made by the Government and other authorities;
(h) all profits accruing from investments; and
(i) such proceeds from such sources of income as the Government may direct to be placed at the disposal of the Paurashava.

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