Amendment status not verified — confirm the current text below against the official source.
Repayment of capital with interest - (1) The Board shall repay, at such intervals and on such terms and conditions as the Government may determine, the amount which is treated under clause (c) of section 21 as capital provided by the Government, with interest at such rate as may be fixed by the Government and such repayment of capital or payment of interest shall be deemed to be a part of the expenditure of the Board. (2) The State Government may collect waterfront royalty from the Board for cargo handled at the Non-Major Ports of the State and such royalty may be paid by the Board to the State Government for use of the waterfront and such payment would be considered a part of the expenses of the Board.