All liabilities of the existing State of Madhya Pradesh of any floating loan to provide short term finance to any local body, body corporate or other institution shall be determined by mutual agreement between the successor States, failing which the Central Government shall determine such liability between the successor States in consultation with such States.
Section 45: Floating loans.
The Madhya Pradesh Reorganisation Act, 2000Central Act · Act 28 of 2000
Where this provision sits
| Act | The Madhya Pradesh Reorganisation Act, 2000 |
|---|---|
| Section | 45 |
| Marginal note | Floating loans. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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