Section 23. Constitution of the Fund

23. (1) There shall be constituted a Fund to be called “the Uttar Pradesh Inland Waterways Authority Fund” and there shall be credited thereto,— (a) any grants and loans made to the Authority by the Central and State Government; (b) all fees and charges received by the Authority under this Act and under Inland Vessels Act, 2021(Act no.24 of 2021) ; (c) any sum received by the Authority under any scheme of Central and State Government related to inland waterways; (d) any sum received by the Authority under any specific project of Central and State Government related to inland waterways; (e) all sums received by the Authority from such other sources as may be decided upon by the State Government. (2) The Fund shall be applied for meeting,— (a) salary, allowances and other remuneration of the Chairperson (if an expert person is appointed by the Chief Minister of Uttar Pradesh) and Vice-Chairperson, Secretary and all other officers and employees of the Authority; (b) expenses of the Authority in the discharge of its functions under this Act; and (c) expenses of the Authority in establishing its head office and other sub-offices, either through new construction or hiring on rent