section 20
Repayment of capital with interest
The Kerala Maritime Board Act, 2017Infrastructure2017114 sections12 chapters
Chapter V PROPERTY AND CONTRACTS
Statutory text
Repayment of capital with interest.—The Board shall repay, at each intervals and on such terms and conditions as the Government may determine, the amount which is treated under clause (c) of section 16 as capital provided by the Government, with interest at such rates as may be fixed by the Government and such repayment of capital or payment of interest shall be deemed to be part of the expenditure of the Board.
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