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State of Maharashtra - Section

Section 27 in Maharashtra Jeevan Authority Act, 1976

27. General principles for [the Authority] [These words were substituted for the words 'the Board' by Maharashtra 25 of 1997, Section 5.] finance.

(1)[the Authority] [These words were substituted for the words 'the Board' by Maharashtra 25 of 1997, Section 5.] shall not, as far as practicable, and after taking credit for any grant or subvention from the State Government under section 58, carry on its operation under this Act at a loss.