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The Punjab Reorganisation Act, 1966

Part VI — APPORTIONMENT OF ASSETS AND LIABILITIES

Section 64Apportionment of assets or liabilities by agreement

Read in the full Act
Section 64: Apportionment of assets or liabilities by agreement

64. Apportionment of assets or liabilities by agreement

Where the successor States agree that the benefit or burden of any particular asset or liability should be apportioned between them in a manner other than that provided for in the foregoing provisions of this Part, then, notwithstanding anything contained therein, the benefit or burden of that asset or liability shall be apportioned in the manner agreed upon.