Section 27. Expenditure till the Corporation is established

PART IV FINANCE, ACCOUNTS AND AUDIT 27. Expenditure till the Corporation is established .—All expenditure incurred by the Central Government for and in connection with the establishment of the Corporation up to the date of its establishment shall be treated as the capital provided by the Central Government to the Corporation and such capital shall be adjusted between the participating Governments in accordance with the provisions of sections 30 to 36. — 28. Vesting of property in the Corporation. All property acquired and works constructed for the purposes of the Damodar Valley scheme before the establishment of the Corporation shall vest in the Corporation and all income derived and expenses incurred in this behalf shall be brought into the books of the Corporation.