Print View

[Section Index]

The Madrasah Education Ordinance, 1978

( Ordinance NO. IX OF 1978 )

Chapter III


Madrasah Education Fund
21. (1) There shall be constituted a fund to be called the Madrasah Education Fund to which shall be credited-
(a) all funds which stand transferred to the Board under section 43;
(b) all fees realised under any of the provisions of this Ordinance; and
(c) all sums representing income from endowments or from property owned or managed by the Board for the purposes of this Ordinance;
(d) all other sums received by the Board from the Government or any other source for any purpose provided for in this Ordinance.
(2) The Madrasah Education Fund shall vest in the Board, shall be held by it in trust for the purposes of this Ordinance and shall be administered by it.
(3) All moneys payable to the credit of the Madrasah Education Fund shall forthwith be deposited into a scheduled bank approved by the Board, or into Government treasury.

Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs