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Section 1

to d 23. ( 1) Every contract , or assurance . o of property aE~~~:ti~~ on behalf of the Board shall be in writing and executed 'R. .·ndt. by such authority and in such manner as may be

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1 to d 23. ( 1) Every contract , or assurance . o of property aE~~~:ti~~ on behalf of the Board shall be in writing and executed 'R. .·ndt. by such authority and in such manner as may be d d b h B d loa t by d e · m authority d b h y t e .B and in .B d oar eg~ttra loa of contracts d etermme h y t e d oar . etc. Notwithstanding · anything contained in the Indian Registration Act, 1908 (Act, XIV of 1908)it shall not be necessary for the Secretary or any other Officer of the Board authorise · to execute on behalf or the Board any agrt.:ement or other instrument to appear in person or by agent at any . registration office in any proceedings connected with the registration of any such . a agreement or instrument or to sign· as · provided in Section 58 of that Act: · Provided that the Registering Officer to . w whom such instrument is presented may, if he thinks fit, refer to the Secretary or such other officer for information regarding the same and shall, on being satisfied of the execution thereof, register the (1) The Board shaH have its own fund which shall be deemed 10 be a local fund and to which shall be credited all moneys received by or on behalf of the Board. Board'· Fund. . Any employee referred to in the proviso to sub-section (I) shall be deemed to have continued to be in the service of the State Gover nment or the local body concerned, a11 the case may be, between the said date and the date of abolition of the posts under sub-section (2) but the State Government or the .local body, as the case may be, shall be entitled to reimbursement of the remunera- ' tion paid by it to such employee for that period and also of the compensation referred to in the second proviso to that sub-section. · CHAPTER VIII PROPERTY CONTRACT FINANCE ACCOUNT AND AUDIT