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State of Maharashtra - Section

Section 9 in The Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, Act, 1909

9. Annual examination of sinking fund.

- The sinking fund established for the liquidation of any loan shall be subject to annual examination by the Accountant General, Bombay, 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 investments 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 [Provincial Government] [The words 'Provincial Government' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] specially sanction a gradual re-adjustment.