Substitution of new section for section 55, Madras Act XIX of 1951

Substitution of new section for section 55, Madras Act XIX of 1951.- For section 55 of the principal Act, the following section shall be substituted, namely :-

“55. Power to spend ‘Pathakanika’.- The trustee of a math shall keep regular accounts of receipts of ‘pathakanika’, that is to say, any gift of property made to him as the head of the math and shall be entitled to spend the said ‘pathakanika’, in accordance with the customs and usages of the institution.”.