Amendment status not verified — confirm the current text below against the official source.
The Board may, with the prior approval of the State Government, apply any sum out of the monies in the General Fund of the Board towards meeting deficits, if any, in the particular or specified accounts such as pilotage account, if so maintained, or transfer the whole or part of any surplus funds in such particular accounts to the General Fund of the Board. Establishment of Reserve Funds.