Bare ActsThe Major Port Authorities Act, 2021

Section 41

Existing loans and securities to continue.

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

Notwithstanding anything contained in this Act, all loans raised or borrowed and all securities issued or pledged in relation to a Major Port prior to the commencement of this Act shall continue to be governed in accordance with the provisions of the Major Port Trusts Act, 1963 (38 of 1963).

Section 41 – The Major Port Authorities Act, 2021 | DailyLaw.ai