The Cricket Board will pay Mumbai Cricket Association around Rs 23 crore
as its "contribution" to the affiliated unit's "cricket development"
purposes, in lieu of lease rent for occupying its premises at Cricket Centre
inside the Wankhede Stadium complex.
Sharad Pawar, who heads both the cricketing bodies, told the MCA's general
body last evening that the BCCI would pay Rs 7.98 crore for having its
headquarters on a couple of floors at the Association's premises and Rs 15 crore
for housing its sub-committee Indian Premier League on the fourth floor
of the same building.
"The amount is not to be termed as rent which would attract 50 per cent
tax, but is BCCI's contribution to MCA for cricket development," Pawar
told the AGM at which a resolution was passed to change its memorandum of rules
to allow the president to continue to occupy his post for more than the stipulated
eight years.
Some objections were raised on changing the compensation to be paid by BCCI
from "lease rent" to "contribution for cricket development, notably
by member Sripad Halbe, who felt it could be a violation of tax rules, but they
were brushed aside.
Halbe was also not in favour of changing the memorandum of rules removing the
eight-year restriction for an incumbent to re-contest for the president's post.
But the resolution moved by another member was passed with a massive majority,
paving the way for Pawar to rule the MCA till at least the 2011 World Cup
to be co-hosted by India.
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