The Goa, Daman and Diu Reorganisation Act
50Apportionment of assets or liabilities by agreement
Where the State of Goa and the Union agree that the benefit or burden of any particular asset or liability should be apportioned between them in a manner other than that provided for in the foregoing provisions of this Part, then, notwithstanding anything contained therein, the benefit or burden of that asset or liability shall be apportioned in the manner agreed upon.
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