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Bare acts > Press Council Act 1978 > Section 18
 
  


 

18. Funds of the Council .- (1) The Council shall have its own fund; and the fees collected by it, all such sums as may, from time to time, be paid to it by the Central Government and all grants and advances made to it by any authority or person shall be credited to the Fund and all payments by the Council shall be made therefrom.

(2) All moneys belonging to the Funds hall be deposited in such banks or invested in such manner as may, subject to the approval of the Central Government, be decided by the Council.


(3) The Council may spend such sums it thinks fit for performing its functions under this Act, and such sums shall be treated as expenditure payable out of the Fund of the Council.

 

 

 

 

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