Restriction to utilize foreign contribution for administrative purpose :
Section – 8. (1) Every person, who is registered and granted a certificate or given prior permission under this Act and receives any foreign contribution,—
(a) | shall utilise such contribution for the purposes for which the contribution has been received : | |
Provided that any foreign contribution or any income arising out of it shall not be used for speculative business : | ||
Provided further that the Central Government shall, by rules, specify the activities or business which shall be construed as speculative business for the purpose of this section; | ||
(b) | shall not defray as far as possible such sum, not exceeding fifty per cent of such contribution, received in a financial year, to meet administrative expenses : | |
Provided that administrative expenses exceeding fifty per cent of such contribution may be defrayed with prior approval of the Central Government. |
(2) The Central Government may prescribe the elements which shall be included in the administrative expenses and the manner in which the administrative expenses referred to in sub-section (1) shall be calculated.