Bare ActsThe KERALA MARITIME BOARD ACT

Section 20

Amendment status not verified — confirm the current text below against the official source.

Repayment of capital with interest—The Board shall repay, at each intervals and on such terms and conditions as the Government may determine, the amount which is treated under clause (c) of section 16 as capital provided by the Government, with interest at such rates, as may be fixed by the Government and such repayment of capital or payment of interest shall be deemed to be part of the expenditure of the Board.

Section 20 – The KERALA MARITIME BOARD ACT | DailyLaw.ai