13. Betwa River Board Fund.—(1) There shall be constituted a Fund to be called the Betwa River
Board Fund and there shall be credited thereto the sums paid to the Board by the Governments of Madhya
Pradesh and Uttar Pradesh and all other sums received by the Board.
(2) The Fund shall be applied—
(a) for meeting the salaries, allowances and other remuneration of the officers and other
employees of the Board and other administrative expenses of the Board;
1. Subs. by Act 47 of 1977, s. 5, for “Rajghat Dam including appurtenantworks” (w.e.f. 26-12-1977).
2. Subs. by s. 6, ibid., for “and the regulation of Rajghat Reservoir” (w.e.f. 26-12-1977).
3. Subs. by Act 49 of 1993, s. 3, for “Rajghat Reservoir” (w.e.f. 27-8-1993).
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(b) for meeting the expenditure on surveys and investigations undertaken by the Board;
(c) for meeting the cost of construction of the 1
[Rajghat Dam, the Rajghat Power House and
appurtenant works];
(d) for meeting the other expenses of the Board in the discharge of its functions under this Act.
14. Budget.—The Board shall prepare in such form and at such time each year as may be prescribed
its budget for the next financial year showing the estimated expenditure, the amount of expenditure which
the State Governments of Madhya Pradesh and Uttar Pradesh have undertaken to provide for and forward
the same to the Central Government and the said State Governments.
15. Annual report.—(1) The Board shall prepare in such form and at such time each year as may be
prescribed its annual report giving a full account of its activities during the previous year and forward
copies thereof to the Central Government and that Government shall cause the same to be laid before each
House of Parliament.
(2) The Board shall forward copies of its annual reports to the Governments of Madhya Pradesh and
Uttar Pradesh.
16. Accounts and audit.—The accounts of the Board shall be maintained and audited in such manner
as may, in consultation with the Comptroller and Auditor-General of India, be prescribed.