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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 56: Qualifications, terms and conditions of service of Presiding Officer and members of Adjudicatory Board
- Section 37: Discharge in certain cases
- Section 26: Powers of Board in respect of planning and development
- Section 53: Power of Central Government to issue directions
- Section 38: Security for loans taken out by Boards of Major Port Authorities
Related Acts
* Only for reference.