The ANDHRA PRADESH REORGANISATION ACT, 2014

APPORTIONMENT OF ASSETS AND LIABILITIES

Section 65: Apportionment of assets or liabilities by agreement.

Where the successor States of Andhra Pradesh and Telangana agree that the benefit or burden of any particular asset or liability should be apportioned between them in a manner other than that provided for in the foregoing provisions of this Part, notwithstanding anything contained therein, the benefit or burden of that asset or liability shall be apportioned in the manner agreed upon.