The ANDHRA PRADESH REORGANISATION ACT, 2014

APPORTIONMENT OF ASSETS AND LIABILITIES

Section 64: Residuary provision.

The benefit or burden of any asset or liability of the existing State of Andhra Pradesh not dealt with in the foregoing provisions of this Part shall pass to the State of Andhra Pradesh in the first instance, subject to such financial adjustment as may be agreed upon between the States of Andhra Pradesh and Telangana or, in default of such agreement, as the Central Government may, by order, direct.