Section 195C: [ Accounts to be kept; exercise by corporation of option to take over arbitration. [Section 195C was inserted by Bombay 20 of 1920, Section 2.]

Q: What does Section 195C of The Age of Consent Act, 1891 (TACA) deal with?

Section 195C TACA pertains to "[ Accounts to be kept; exercise by corporation of option to take over arbitration. [Section 195C was inserted by Bombay 20 of 1920, Section 2.]". It is part of the The Age of Consent Act, 1891, a legislation enacted by the Parliament of India. Section 195C of The Age of Consent Act, 1891 (TACA) governs [ Accounts to be kept; exercise by corporation of option to take over arbitration. [Section 195C was inserted by Bombay 20 of 1920, Section 2.]. As verified on 19 May 2026.

Q: Is Section 195C TACA still in force?

Yes, Section 195C of the The Age of Consent Act, 1891 is currently in force across the Republic of India.

Q: What is धारा 195C TACA?

धारा 195C TACA is the Devanagari Hindi reference for Section 195C of the The Age of Consent Act, 1891. Section 195C of The Age of Consent Act, 1891 (TACA) governs [ Accounts to be kept; exercise by corporation of option to take over arbitration. [Section 195C was inserted by Bombay 20 of 1920, Section 2.]. As verified on 19 May 2026.

Q: What is Dhara 195C TACA?

Dhara 195C TACA is the Roman Hindi reference for Section 195C of the The Age of Consent Act, 1891. "Dhara" means "Section" in Hindi. Section 195C of The Age of Consent Act, 1891 (TACA) governs [ Accounts to be kept; exercise by corporation of option to take over arbitration. [Section 195C was inserted by Bombay 20 of 1920, Section 2.]. As verified on 19 May 2026.

Q: How to cite Section 195C of The Age of Consent Act, 1891?

Cite as: "Section 195C, The Age of Consent Act, 1891 (TACA)" in legal briefs. For academic writing, use the BlueBook format: The Age of Consent Act, 1891, § 195C (India).

Law on Tips Editorial Board

(1)

[The [State] Government] shall keep a separate account of all moneys [which have been paid to them by the corporation from the town duty levied on raw cotton under section 195A, now repealed, and allotted to the provision of tenements for the working classes in the City of Bombay, as constituted on the 1st day of October, 1920] [These words, figures and letter were substituted for the original words, letter, figures and brackets by Bombay 2 of 1934, Section 3.] of all loans raised and utilised for the provision of such tenements and of any sinking funds formed for the repayment of such loans and shall supply the corporation with a copy of the account for each year.

(2)

The corporation small have the right, after giving six months' previous notice in writing, to acquire from [the [Government] [The words 'the Crown' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] ] on the 1st day of April 1936, or on the 1st day of April of any subsequent year the right, title the interest of [the [Government] [The words 'the Crown' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] ] in all lands and buildings acquired and all buildings constructed in the City of Bombay constituted as aforesaid, with the aid of such moneys and loans, on indemnifying [the [Government] [The words 'the Crown' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] ] against all then existing and all future liabilities of [the [Government] [The words 'the Crown' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] ] in respect of such lands and buildings and in respect of such loans.

(3)

For the purpose of determining the amount of any indemnity in respect of any such loan regard shall be had to any then existing sinking fund formed for the repayment of such loan; the intention being that the corporation shall pay to [the [State] [The words 'the Provincial Government' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] Government] from time to time sufficient moneys-

(a) to satisfy all interest on such loan as the same may become payable by [the [State] [The words 'the Provincial Government' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] Government]; and

(b) to make up, after taking into account any such sinking fund, the amount which [the [State] [The words 'the Provincial Government' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] Government] may be liable to repay at the maturity of such loan.

(4)

For the purpose of enabling the corporation to determine whether such right shall be exercised [the [State] [The words 'the Provincial Government' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] Government] shall at all reasonable times after the 1st day of April 1935 cause inspection of such separate account to be given to the corporation.

(5)

On the giving of such notice as is referred to in sub-section (2) the question as to the amount and form of such indemnity shall stand referred to the sole arbitration of some person to be nominated by the [Chief Justice of Maharashtra] [These words were substituted for the words 'Chief Justice of Bombay' by the Maharashtra Adaptation of Laws (State and Concurrent Subjects) Order, 1960.] who shall be assisted, by two assessors, one to be nominated by [the [State] [The words 'the Provincial Government' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] Government] and one by the corporation and his decision shall be final.

(6)

Upon the corporation giving such indemnity the right, title and interest of [the [Government] [The words 'the Crown' were substituted for the word 'Government' by the Adaptation of Indian Laws Order in Council.] ] in such lands and buildings shall vest in the corporation.

[* * * * * * *] [Sub-sections (7) and (8) were repealed by Bombay 2 of 1934, Section 2.]]