Special Economic Zones Act, 2005
36. Constitution of Fund and its application
1. There shall be established by every
Authority a fund to be called the .......................... (the name of the Special Economic Zone concerned) Authority Fund and there shall be credited thereto-
a. all sums of money, which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide to the Authority;
b. all grants or loans that may be made to the Authority under this Act;
c. all sums received on account of user or service charges or fees or rent for the use of properties belonging to the Authority;
d. all sums received by the Authority from such other sources as may be decided upon by the Central Government.
2. The Fund shall be applied for meeting-
a. the salaries, allowances and other remuneration of the members, officers and other employees of the Authority;
b. the expenses of the Authority in the discharge of its functions under Section 34;
c. the repayment of any loan;
d. the expenses on objects and for purposes authorised by this Act;
e. any other administrative expenses of the Authority.