Section 17. Amendment of section 21 of Bihar Act XIV of 1956

Amendment of section 21 of Bihar Act XIV of 1956.—For sub-sections (1) and (2) of section 21 of the said Act, the following sub-sections shall respectively be substituted, namely:—
"(1) The Board shall have two separate funds to be called the "Khadi Fund" and "Village Industries Fund" and all sums and advances made to the funds, from time to time, by the State Government or by the Commission for the purposes of development of Khadi or development of village industries and all other receipts of the Board shall be credited to the "Khadi Fund" or the "Village Industries Fund" as the case may be and all payments by the Board for or in respect of Khadi or Village Industries shall be made from the appropriate fund.
(2) The accounts of the Board shall be operated jointly by such officers of the Board jointly or individually as it may authorise."