The sinking fund established for the liquidation of any loan shall be subject to annual examination by the [Accountant General, Maharashtra] who shall ascertain whether the cash and the value of the securities at the credit of the fund are actually equal to the amount which would have been accumulated, had investment been regularly made and had the rate of interest as originally estimated been obtained thereon. The Board shall pay forthwith into the sinking fund any amount which the Accountant General may certify to be deficient, unless the [[State]Government] specially sanction a gradual readjustment.
Section 9: Annual examination of sinking fund.
The Chhatrapati Shivaji Maharaj Vastu Sangrahalaya Act, 1909 and.State Act of Maharashtra · Act 3 of 1909
Where this provision sits
| Act | The Chhatrapati Shivaji Maharaj Vastu Sangrahalaya Act, 1909 and. |
|---|---|
| Section | 9 |
| Marginal note | Annual examination of sinking fund. |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- substituted. These words were substituted for the words "Accountant General Bombay" by the Maharashtra Adaptation of Laws (State and Concurrent Subjects) Order, 1960.
- substituted. The words "Provincial Government" were substituted for the words "the Government" by the Adaptation of Indian Laws Order in Council.
- substituted. This word was substituted for the word "Provincial" by the Adaptation of Laws Order, 1950.
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