Punjab Reorganisation Act : Residuary provision. Indian Bare Acts :

Punjab Reorganisation Act,1966

Act No : 31

Section : Residuary provision.

63. Residuary provision. The benefit or burden of any assets or liabilities of the existing State of Punjab not dealt with in the foregoing provisions of this Part shall pass to the State of Punjab in the first instance, subject to such financial adjustment as may be agreed upon between all the successor States before the 1st day of November, 1967, or in default of such agreement, as the Central Government may by order direct.