Section 109A: [ Investment of sinking fund and surplus moneys in debentures issued by the corporation. [New sections 109A, 109B and 109C were inserted by Bombay 13 of 1933, Section 24.]

Q: What does Section 109A of The Age of Consent Act, 1891 (TACA) deal with?

Section 109A TACA pertains to "[ Investment of sinking fund and surplus moneys in debentures issued by the corporation. [New sections 109A, 109B and 109C were inserted by Bombay 13 of 1933, Section 24.]". It is part of the The Age of Consent Act, 1891, a legislation enacted by the Parliament of India. Section 109A of The Age of Consent Act, 1891 (TACA) governs [ Investment of sinking fund and surplus moneys in debentures issued by the corporation. [New sections 109A, 109B and 109C were inserted by Bombay 13 of 1933, Section 24.]. As verified on 19 May 2026.

Q: Is Section 109A TACA still in force?

Yes, Section 109A of the The Age of Consent Act, 1891 is currently in force across the Republic of India.

Q: What is धारा 109A TACA?

धारा 109A TACA is the Devanagari Hindi reference for Section 109A of the The Age of Consent Act, 1891. Section 109A of The Age of Consent Act, 1891 (TACA) governs [ Investment of sinking fund and surplus moneys in debentures issued by the corporation. [New sections 109A, 109B and 109C were inserted by Bombay 13 of 1933, Section 24.]. As verified on 19 May 2026.

Q: What is Dhara 109A TACA?

Dhara 109A TACA is the Roman Hindi reference for Section 109A of the The Age of Consent Act, 1891. "Dhara" means "Section" in Hindi. Section 109A of The Age of Consent Act, 1891 (TACA) governs [ Investment of sinking fund and surplus moneys in debentures issued by the corporation. [New sections 109A, 109B and 109C were inserted by Bombay 13 of 1933, Section 24.]. As verified on 19 May 2026.

Q: How to cite Section 109A of The Age of Consent Act, 1891?

Cite as: "Section 109A, The Age of Consent Act, 1891 (TACA)" in legal briefs. For academic writing, use the BlueBook format: The Age of Consent Act, 1891, § 109A (India).

Law on Tips Editorial Board

(1)

In respect of any sinking funds which by this Act the corporation are directed or empowered to invest in public securities, and in respect of any surplus moneys which by this Act the Commissioner on behalf of the corporation is empowered to invest in like securities, it shall be lawful for the corporation to reserve and set apart for the purpose of any such investment any debentures issued or to be issued on account of any loan for which the sanction of the [ [State] Government], [* * * *] [The words 'or of the Governor-General in Council' were omitted, by the Adaptation of Indian Laws Order in Council.] shall have been duly obtained under section 106 or issued by the Board of Trustees for the Improvement of the City of Bombay under section 52 of the City of Bombay Improvement Act, 1898 or section 68 of the City of Bombay Improvement Trust Transfer Act, 1925, provided that the intention so to reserve and set apart such debentures shall have been notified as a condition of the issue of the loan.

(2)

The issue of any such debentures direct to and in the name of "The Municipal Commissioner for [Brihan Mumbai] [These words were substituted for the words 'Greater Bombay' by Maharashtra 25 of 1996 (w.e.f. 4.9.1996).]" on behalf of the corporation shall not operate to extinguish or cancel such debentures, but every debenture so issued shall be valid in all respects as if issued to and in the name of any other person.

(3)

The purchase by, or the transfer, assignment or endorsement to, the corporation or to the Municipal Commissioner on behalf of the corporation of any debenture issued by the corporation or by the Board of Trustees for the Improvement of the City of Bombay shall not operate to extinguish or cancel any such debenture, but the same shall be valid and negotiable in the same manner and to the same extent as if held by, or transferred, assigned or endorsed to any other person.]