The Goa, Daman and Diu Reorganisation Act

Definition

Land and goods

Cash balances

Arrears of taxes

Right to recover loans and advances

Investments in and loans, etc., to certain corporate bodies

Assets and liabilities of State undertakings

Refund of taxes collected in excess

Certain deposits

Provident fund

Pensions granted by the Administrator, etc

Contracts

Liability in respect of actionable wrong

Liability as guarantor of co-operative societies

Items in suspense

Residuary provision

Apportionment of assets or liabilities by agreement

Power of Central Government to order allocation or adjustment in certain cases


ASSESTS AND LIABILITIES


Where the State of Goa and the Union
agree that the benefit or burden of any particular asset or liability should be apportioned between them in
a manner other than that provided for in the foregoing provisions of this Part, then, notwithstanding
anything contained therein, the benefit or burden of that asset or liability shall be apportioned in the
manner agreed upon.


LAWGIST

# 50 Apportionment of assets or liabilities by agreement