Acts

37 Valuation of assets and liabilities

Valuation of assets and liabilities.

37. The Corporation shall, at intervals of ¹[three years], have a valuation of its assets and liabilities made by a valuer appointed with the approval of the Central Government :

PROVIDED that it shall be open to the Central Government to direct a valuation to be made at such other times as it may consider necessary.

Note:

1. Subs. by Act 18 of 2010, s. 7, for “five years” (w.e.f. 1-6-2010).

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