Quick Navigation
Section 42 - Major Port Authorities Act, 2021
The Major Port Authorities Act, 2021
B. General Account of Major Port Authorities
42. General accounts of Board.-
All monies received by or on behalf of the Board under the provisions of this Act shall be credited to such general account or accounts of the Board which the Board may from time to time generally open with any Nationalised Bank or any Scheduled Bank as per the guidelines of the Ministry of Finance, Government of India.
Related Sections
- Section 40: Establishment and application of sinking fund
- Section 50: Power of Central Government to exempt from obligation to use port assets
- Section 48: Power of Central Government to take over management of Board
- Section 22: Usage of port assets by Board
- Section 57: Removal and suspension of Presiding Officer and members of Adjudicatory Board
Related Acts
* Only for reference.