Section 32(b) in Grant-in-Aid Code of the Tamil Nadu Educational Department
(b)Such approved expenditure for the preceding financial year on rents, taxes, ordinary repairs and upkeep contingencies and other miscellaneous items, as exceeds the prescribed annual managerial contribution of Rs. 1,500 in the case of schools opened prior to 1965-66. In the case of schools opened in 1965-66 and after the management contribution shall be Rs 5,000 a year for schools with a strength of 500 and below and Rs. 7,000 a year with a strength of above 500.
