Section 189 - Special Provisions as to Certain Existing Funds in Government of India Act, 1935 [Repealed]
Special Provisions as to Certain Existing Funds.
1 [189. Special Provisions as to CertainExisting Funds
(1) Nothing in the foregoing provisions of this Part ofthis Act shall be construed as entitling the Authority to require that any moneyswhich immediately before the establishment of the Authority were held by theGovernor-General in Council on account of any railway depreciation fund, reservefund or provident fund shall be transferred to the Authority for investment bythem, but the Authority may from time to time requirethe transfer to themselvesof so much of any such fund as they require todefray expenditure chargeableagainst that fund, and the Federal Government shall credit each such fund withinterest on the untrans ferredbalance thereof at such rate as may be agreed, or,in default of agreement determined by the Governor-General in his discretion.
(2) In this section references to any such fund asaforesaid shall be construed as references to so much of that fund as is notattributable to the railways of Burma.
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1. Omitted, by the India (Provisional Constitution)Order, 1947.