CAF Act 21Chapter V · Finance, Accounts, Audit and Annual Report
Section 21 · Investment of funds by National Authority
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The National Authority may invest its funds,
including any reserve fund, in the securities of the Central Government and in scheduled banks in such
manner as may be prescribed:
Provided that the grants received from the Central Government shall not be invested and shall be utilised for the purposes and in the manner attached to it.
Provided that the grants received from the Central Government shall not be invested and shall be utilised for the purposes and in the manner attached to it.
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