Chapter IV
Finance of the Board
Sections in this chapter
- Section 34 — (1) The mutawalli of every waqf to which this Act applies shall pay annually to the Board such contribution, not exceeding six percent of the net annual income of such of its property as is situate in Uttar Pradesh, as the Board may, subject to the sanction of the State Government, determine from time to time:
- Section 35 — (1) Where any waqf is entitled to be paid any annuity on account of rehabilitation
- Section 36 — For the purpose of giving effect to the provisions of this Act, the Board may, with the previous sanction of the State Government, borrow such sums of money and on such terms and conditions as the State Government may determine.
- Section 37 — (1) All moneys received by the Board under section 34 and all other moneys
- Section 38 — The Board shall in every year prepare, in such form and at such time, as may be prescribed, a budget for the next year, showing the estimated receipts and expenditure during that year, and forward a copy thereof to the State Government.
- Section 39 — Accounts of the Board
- Section 40 — The auditors appointed under section 39 shall submit their report to State Government who shall examine the report and may call for the explanation of any person in regard to any matter mentioned therein, and shall pass such orders on the report as it thinks fit.
- Section 41 — Every sum certified in the audit report to be due from any person, unless such certificate is modified or cancelled by an order of the State Government made