Section 11. Destination and utilisation of the proceeds of tax

11. (2) The State Government shall,-
(a) continue to pay annually to each local authority, a sum equal to the amount which was being paid to such local authority immediately before the commencement of this Act under the provisions of the Bombay Motor Vehicles Tax Act, 1935;
(b) pay annually to each local board which at the commencement of this Act was levying tolls on vehicles or animals or persons and to any other local authority which at such commencement was levying or collecting tolls on motor vehicles and trailers a sum determined by the State Government, after consulting the local board or local authority concerned, as representing the net average annual income of such local board or local authority from such tolls, after deducting the cost of collection, during the three years ending on the 31st day of March, 1958 plus 10 per centum of such sum;
(c) pay annually to each of the local authorities specified in the [Fourth Schedule] as contribution, the sum mentioned against them in that Schedule.
(3) The contributions to the local authorities made under sub-section (2) shall be paid in such instalments, in such manner, and on such dates, as the State Government may, after consulting the local authorities concerned, prescribe.
(5) [The contributions] made under sub-section (2), shall be charged on the Consolidated Fund of the State.