The Goa, Daman and Diu Reorganisation Act
36Cash balances
The total of the cash balances in all treasuries, the Reserve Bank of India, the State Bank of India and any nationalised bank, of the existing Union territory immediately before the appointed day shall be divided between the State of Goa and the Union according to the population ratio:
Provided that for the purposes of such division, there shall be no transfer of cash balances from any treasury to any other treasury and the apportionment shall be effected by adjusting the balances in the books of the Reserve Bank of India.
Explanation.—In this section, "balance" includes a debit balance.
Download our fully-offline, High speed android app.- Click here
ASSESTS AND LIABILITIES
- 34 Definition
- 35 Land and goods
- 36 Cash balances
- 37 Arrears of taxes
- 38 Right to recover loans and advances
- 39 Investments in and loans, etc., to certain corporate bodies
- 40 Assets and liabilities of State undertakings
- 41 Refund of taxes collected in excess
- 42 Certain deposits
- 43 Provident fund
- 44 Pensions granted by the Administrator, etc
- 45 Contracts
- 46 Liability in respect of actionable wrong
- 47 Liability as guarantor of co-operative societies
- 48 Items in suspense
- 49 Residuary provision
- 50 Apportionment of assets or liabilities by agreement
- 51 Power of Central Government to order allocation or adjustment in certain cases