Bare ActsMajor Port Trusts Act, 1963

Section 31

Repayment of capital with interest

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

A Board shall repay, at such intervals and on such terms and conditions as the Central Government may determine, the amount of capital provided under clause (c) of sub-section (1) of section 29 with interest at such rate as may be fixed by that Government and such repayment of capital or payment of interest shall be deemed to be part of the expenditure of the Board.

Section 31 – Major Port Trusts Act, 1963 | DailyLaw.ai