# The Micro, Small and Medium Enterprises Development Act, 2006, Section 14: Administration and utilisation of Fund or Funds

- Act: The Micro, Small and Medium Enterprises Development Act, 2006 (Act 27 of 2006)
- In force from: 2006-10-02
- Ministry: Ministry of Micro, Small and Medium Enterprises
- Source URL: https://indiacode.ecourtsindia.com/micro-small-medium-enterprises-development-act-2006/section/14/

## Text

(1) The Central Government shall have the power to administer the Fund or Funds in such manner as may be prescribed. (2) The Fund or Funds shall be utilised exclusively for the measures specified in sub-section (1) of section 9. (3) The Central Government shall be responsible for the coordination and ensuring timely utilisation and release of sums in accordance with such criteria as may be prescribed.

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