National Agricultural Advisory, Education and Research Authority Act, 1977
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Inventory of property and statement of liabilities. |
58.—Every committee of agriculture shall, as soon as may be after the commencement of section 53, prepare and transmit to the Board and to the Minister— | |
(a) an inventory (itemised as may be appropriate) of the property and other assets transferred from it to the Authority under that section, indicating the current value of the property and other assets so transferred, | ||
(b) a statement (itemised as may be appropriate) of the debts and liabilities of the committee outstanding immediately preceding such commencement and distinguishing between the undischarged portion of any loans negotiated by the committee under section 5 (2) of the Agriculture (Amendment) Act, 1958 , and other debts and liabilities, and | ||
(c) a statement of the principal and interest paid by the committee up to the date of such commencement in respect of each loan referred to in paragraph (b) of this section. |