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54. Resources.

  1. The Government may authorise the association to have their own resources for the formation and maintenance of the respective association.
  2. The funds of the association shall comprise the following, namely:
    1. Grants received from the Government as a share of the water tax collected in the area of operation of the association.
    2. Any membership fee collected.
    3. The fees collected under Section 52.
    4. Such other funds as may he granted by the State and the Central Government for the development in its area of operation.
    5. Resources raised from any financial agency for undertaking any economic development activity in its area-of operation,
    6. Income from the properties and assets attached to the irrigation system within its area of operation.
    7. Amount received from any other source.