धारा 160 · Overriding effect of the Act

Overriding effect of the Act - (1) Notwithstanding any compromise agreement, scheme, judgement, decree or order of a Court Tribunal or other authority or any custom or usage governing any charitable or religious institution or endowment of Tirumala Tirupathi Devasthanams, the provisions of this Act shall, with effect on and from the date of the commencement of this Act, prevail in so far as they relate to the matters governed by the corresponding provisions in any such compromise, agreement, scheme, judgement, decree or order or any custom or usage and such corresponding provisions shall thereafter have no effect. C (2) Notwithstanding anything in the agreements entered into by the Tirumala Tirupathi Devasthanams represented by the Executive Officer and Archakam Mirasidars of Tirumala Tirupathi Devasthanams on the 30th May, 1979 or any other agreements of the like nature, the provisions of this Act shall with effect on and from the date of commencement of this Act, prevail in so far as they relate to the matters governed by the corresponding provisions in any such agreements and such corresponding provisions in such agreements shall thereafter have no effect. 1 [161. Archakas and other employees welfare fund-(1) Every Religious Charitable Institution other than Tirumala Tirupathi Devasthanam whose annual income exceeds rupees twenty lakhs per annum as defined under section 65 shall be liable to contribute annually 3% of its income to the Archakas and other Employees Welfare Fund constituted and administered through a Trust Board created for the purpose: Provided that Tirumala Tirupathi Devasthanams shall contribute such sum to the Fund as the Government may specify from time to time. (2) The fund constituted under sub-section (1) shall be utilized for the welfare of the Archakas and other employees, working in the religious, charitable Institutions and endowments in accordance with the terms and conditions of the Trust registered for the purpose.