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State of Uttarakhand - Section

Section 65 in Uttarakhand Agricultural produce Marketing (Development and regulation) Act, 2011

65. Priorities of liabilities of the Board.

- The revenues of the Board shall, after making its complete expenses, as far as they are available, in the following order; namely -
(a)the repayment of principal amount of, and interest on loans advanced to the Board by the State Government, including arrears of such interest;
(b)the repayment of principal amount of, and interest on, sums paid by the State Government under guarantees, if any;
(c)the repayment of principal amount of, and interest on bonds, guaranteed by the State Government;
(d)the repayment of principal amount of, and interest on stock so guaranteed;
(e)the repayment of principal amount of and interest on stocks, not guaranteed by the State Government;
(f)the repayment of principal amount of and interest on bonds, not guaranteed by the State Government.