Amendment status not verified — confirm the current text below against the official source.
Notwithstanding anything contained in this Act but subject to any other law for the time being in force, the Board may, with the previous sanction of the Government and on. such terms and conditions ss may be approved by the Govern ment, raiso, for the purposes of this Aut, loans in any currericy or currencie from the International Bank for Reconstruction and Development or from any other Bank or Institution jn any country outside India, and no ot'her provision of this Chapter shall apply to or in relation to any such loan unless the terms and condi- tiom of the l f i l ~ 1 1 or the approval thereef by the Govemtnt otherwise provide. a - - I I ---- - . 7 (IHAPTER VIII. 1- WVENUE AND EXPENIPITURE. --, I--. All m0nCYn; received by or on behalf of the Board under the provisions Genera! A m . ; r ~ t - & ' Act and a11 moneys received by it as the conservators of the ports and of of Port. their :t~~roaches or as t17e bod)? ~p3ointed unde; section 36 of the Indian Ports -"LC[, sh~ll be credited to a fund c?.ll.lled the General ,~,ccount of the ports. , f i t