21. Grants and loans by the Central Government.—(1) The Central Government may, after due appropriation made by Parliament by law in this behalf, make to the Board grants and loans of such sums of money as that Government may consider necessary to enable the Board to carry out its functions under this Act. (2) The Central Government shall also, after due appropriation made by Parliament by law in this behalf, pay to the Board such other sums as may be necessary for meeting the salaries, allowances and other remuneration of the Member-Secretary, officers and other employees of the Board and such amounts as may be necessary to meet the other administrative expenses of the Board. 22. Constitution of the Fund.—(1) There shall be constituted a Fund to be called the National Capital Regional Planning Board Fund and there shall be credited thereto— (a) any grants and loans made to the Board by the Central Government under section 21; 9 (b) all sums paid to the Board by the participating States and the Union territory; and (c) all sums received by the Board from such other sources as may be decided upon by the Central Government in consultation with the participating States and the Union territory. (2) The sums credited to the said Fund referred to in sub-section (1) shall be applied for— (a) meeting the salaries, allowances and other remuneration of the Member-Secretary, officers and other employees of the Board and for meeting other administrative expenses of the Board, so, however, that the total expenses shall not exceed the amount appropriated for this purpose under sub-section (2) of section 21; (b) conducting surveys, preliminary studies and drawing up of plans for the National Capital Region; (c) providing financial assistance to the participating States and the Union territory for the implementation of Sub-Regional Plans and Project Plans; and (d) providing financial assistance to the State concerned for the development of the counter-magnet area subject to such terms and conditions as may be agreed upon between such State and the Board. 23. Budget.—The Board shall, in each financial year, prepare in such form and at such time as may be prescribed its budget for the next financial year and forward the same to the Central Government at least three months prior to the commencement of the next financial year. 24. Annual report.—The Board shall prepare in each financial year its annual report in such form and at such time as may be prescribed, giving a full account of its activities during the financial year immediately preceding the financial year in which such report is prepared and forward, before such date as may be prescribed, copies thereof to the Central Government, the participating States and the Union territory. 25. Accounts and audit.—The accounts of the Board shall be maintained and audited in such manner as may be prescribed in consultation with the Comptroller and Auditor-General of India and the Board shall furnish, to the Central Government, before such date as may be prescribed, a copy of its audited accounts together with the auditors’ report thereon. 26. Annual report and auditors’ report to be laid before Parliament.—The Central Government shall cause the annual report and the auditors’ report to be laid as soon as may be after their receipt, on the Table of each House of Parliament while it is in session, for a total period of thirty days, which may be comprised in one session or in two more successive sessions.