(i) The State Government shall meet the ordinary non- recurring and recurring expenditure of any year out of the revenue received during the year from the management of the Anchal Forest Reserve. The balance left after meeting such expenditure shall hereinafter be referred to as the net revenue of the year ;
(ii) The State Government shall retain every year fifty per cent of the net revenue of the year ; Provided that if in any year, the ordinary non-recurring and recurring expenditure equals or exceeds the ordinary non-recurring and recurring expenditure over the revenue receipts, such excess expenditure shall be added to capital expenditure for the purpose of sub-Clause (iii);
(iii) All capital expenditure in a year shall be borne in the first instance by the State Government which shall be entitled to recover such capital expenditure at the rate of ten per cent till such time it is completely recovered. If there is any deficiency in any year in the recovery of capital expenditure as aforesaid, if that total shall be made out of the net revenue of succeeding year or years so recovery of capital expenditure shall be made without default;
(iv) The State Government shall transfer to the concerned Anchal Samity and village, every year, in equal share, fifty per cent of the net revenue of the year less the amount the State Government is entitled to recover under sub-Clause (iii);
(v) The State Government shall arrange to disburse to the Anchal Samity and village, the amount pable under Clause (iv) every year;
(vi) The Anchal Samity on receipt of the amount referred to in Clause (iv) shall credit it to the Anchal Samity Fund, constituted under Section 51 of the N.E.F.A. Panchayat Raj Regulation, 1967 (3 of 1967):
Article 5 • Arunachal Pradesh Anchal Forest Reserve (Constitution and Maintenance) Act, 1975
5. Sharing for revenue.
arunachal-pradesh-anchal-forest-reserve-constitution-and-maintenance-act-1975-sec-5.json
•
Article 5
{
"act_title": "Arunachal Pradesh Anchal Forest Reserve (Constitution and Maintenance) Act, 1975",
"act_slug": "arunachal-pradesh-anchal-forest-reserve-constitution-and-maintenance-act-1975",
"section_label": "Article",
"section": {
"number": "5",
"title": "5. Sharing for revenue.",
"chapter": null,
"content": "(i) The State Government shall meet the ordinary non- recurring and recurring expenditure of any year out of the revenue received during the year from the management of the Anchal Forest Reserve. The balance left after meeting such expenditure shall hereinafter be referred to as the net revenue of the year ;\n(ii) The State Government shall retain every year fifty per cent of the net revenue of the year ; Provided that if in any year, the ordinary non-recurring and recurring expenditure equals or exceeds the ordinary non-recurring and recurring expenditure over the revenue receipts, such excess expenditure shall be added to capital expenditure for the purpose of sub-Clause (iii);\n(iii) All capital expenditure in a year shall be borne in the first instance by the State Government which shall be entitled to recover such capital expenditure at the rate of ten per cent till such time it is completely recovered. If there is any deficiency in any year in the recovery of capital expenditure as aforesaid, if that total shall be made out of the net revenue of succeeding year or years so recovery of capital expenditure shall be made without default;\n(iv) The State Government shall transfer to the concerned Anchal Samity and village, every year, in equal share, fifty per cent of the net revenue of the year less the amount the State Government is entitled to recover under sub-Clause (iii);\n(v) The State Government shall arrange to disburse to the Anchal Samity and village, the amount pable under Clause (iv) every year;\n(vi) The Anchal Samity on receipt of the amount referred to in Clause (iv) shall credit it to the Anchal Samity Fund, constituted under Section 51 of the N.E.F.A. Panchayat Raj Regulation, 1967 (3 of 1967):",
"footnote": "",
"is_definition": false,
"sort_order": 4
},
"prev_section": "4",
"next_section": "6"
}