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30. Establishment of a Fund and utilisation of the Fund for Employment Guarantee Scheme of State Government

(1) Amount equal to net proceeds of tax and matching contribution to be paid into the Fund established under the Maharashtra Employment Guarantee Act, 1977.-(1)On the commencement of this Act, there shall be established a Fund to be called the Employment Guarantee Fund. The proceeds of the tax levied and collected under this Act, together with penalties and interest and fees recovered thereunder, shall first be credited to the Consolidated Fund of the State, and after deducting the expenses of collection and recovery as determined by the State Government and the amounts of grants made to the local authorities under section 29, the remaining amount shall, under appropriation duly made by law in this behalf, be entered into, and transferred to, the Employment Guarantee Fund established under the Maharashtra Employment Guarantee Act, 1977.

(2) Under appropriation duly made by law in this behalf, the State Government shall contribute annually to the Employment Guarantee Fund an amount equal to the amount transferred to that Fund under sub-section(1).

(3) Any amount transferred to the Fund shall be charged on the Consolidated Fund to the State.

(4) From and out of the Employment Guarantee Fund establishment under sub-section (1), no sum shall be paid or applied, except in the manner and for the purpose hereinafter provided.

(5) The amount standing to the credit of the Employment Guarantee Fund shall be expended, in such manner and subject to such conditions as may be prescribed for the purpose of implementing the Employment Guarantee Scheme of the State Government.

(6) The Employment Guarantee Fund shall be held and administered on behalf of the Government of Maharashtra by an officer not below the rank of a Secretary to the Government of Maharashtra, subject to such general or special directions as may be given by the State Government, from time to time.