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State of Maharashtra - Section

Section 31J in Maharashtra Public Trust Rules, 1951

31J. Certain charges to be compulsory.

- Where any immovable property is purchased or otherwise acquired or any building are constructed as aforesaid , such sum as the State Government may direct shall be set apart to meet the following charges and expenses in respect of such immovable property, namely :
(i)land revenue payable to Government.
(ii)taxes, rates and ceases payable to Government or to any local authority,
(iii)insurance charges,
(iv)repairs,
(v)cost of management,
(vi)Sinking or depreciation fund.