Recovery of cost of scheme

(1) It shall be lawful for the Board to recover from a Gram Panchayat, in such annual instalments as may be decided upon by agreement with the Gram Panchayat concerned, the whole or any portion of the expenditure incurred by the Board in the execution of any of the schemes under this Act within the Sabha area of the Gram Panchayat concerned. (2) If any Gram Panchayat fails to pay the amount as decided upon, it shall be recoverable from the Gram Panchayat in the manner laid down in the Local Authorities Loans Act, 1914.