( 92A ) 



arising from the said lands over and above the said expenditure and 

 said interest if any will be paid in each and every year to the said 

 owner. That until the said expenditure and said interest has been 

 paid off the said owner will receive no cash profits arising from the 

 said lands. That such income arising as aforesaid when due will 

 be paid to the said owner on the first day of June in each and 

 every year during the subsistence of these presents. 



(6) That the following accounts will be maintained for each 

 estate and for the forest as a whole namely capital revenue a,nd 

 expenditure accounts. 



(7) That on the receipt side of the revenue and expenditure 

 account will be credited all cash receipts of every description on 

 the expenditure or debt side of the revenue and expenditure 

 accounts will be entered all cash expenditure of every desoription 

 including Government revenue that is now assessed or may be in 

 future assessed on the area or the portion of the said area set forth 

 in the schedule hereto Annexed and both recurring and non-reour- 

 ring expenditure and also one-fourth of the assumed pay of all 

 officers of a superior grade whether gazetted or non-gazetted and 

 one-sixteenth of the pay of inferior servants on all establish- 

 ment bills to cover the cost of leave and pension for the staff and 

 such sum as the Local Government may fix from time to time on 

 the gross income to cover the cost of superior supervision. 



The said owner shall have no voice in the decision of the 

 amount of tbe expenditure which the Forest department may con- 

 sider necessary. 



, (8) That at the close of every financial year the revenue and 

 expenditure account will be totalled and the deficit or profit shall 

 be carried to the capital account. 



(9) That for several years the expenditure will exceed the 

 receipts and the excess will be carried to the debit of the capital 

 account At the end of the financial year interest at 4 per cent, 

 shall be added to the total sum on the debit side of the capital 

 account and such interest shall be calculated on the mean 

 between the outstanding balance at the commencement and the 

 outstanding balance at the close of each financial year. 



(10) That when the revenue and expenditure account shows a 

 profit it shall be carried to the credit of the capital account and 

 deducted from the total on the debit side. 



(11) That when the debit balance of the capital account has 

 been paid off by the profits from the revenue and expenditure 

 account any sum standing on the credit side shall be paid to the 

 said owner on the 1st day of June in each year. 



(12) That expenditure on works in each estate will be kept 



