U. The revenues of the Board shall, after meeting its expenses, be applied, as far as they are available, in… — U. P. ACT No. XXV of 1964 ]

-U. The revenues of the Board shall, after meeting its expenses, be applied, as far as they are available, in the following order, namely —

26 -U. The revenues of the Board shall, after meeting its expenses, be applied, as far as they are available, in the following order, namely — (i) the repayment of principal amount of and interest on bonds not guaranteed by the State Government ; (ii) the repayment of principal amount of and interest on stock not guaranteed by the State Government ; (iii) the repayment of principal amount of and interest on bonds guaranteed by the State Government ; (iv) the repayment of principal amount of and interest on stock so guaranteed ; (v) the repayment of principal amount of and interest on sums paid by the State Government under guarantees, if any ; (vi) the repayment of principal amount of and interest on loans advanced to the Board by the State Government including arrears of such interest.

Section 26