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Section 22A: Capital of Authority

Central Water Authority Act · PART V: FINANCIAL PROVISIONS AND ACCOUNTS

consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

22A. Capital of Authority (1) The initial capital of the Authority shall be 122,993,064 rupees and 10 cents, being the net value of the assets vested in the Authority under section 33 as at 9 July 1973. (2) The initial capital of the Authority— (a) shall be increased by the value of any additional assets vested in the Authority under section 33; (b) may be increased by such amount as may be determined by the Board with the approval of the Minister of Finance.

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