Responsibility of Board for loss, etc., of goods

Responsibility of Board for loss, etc., of goods.

1. (1) The responsibility of the Board for the loss, destruction, or deterioration of goods of which it has taken charge shall, subject to the other provisions of this Act, be that of a bailee under sections 151, 152 and 161 of the Indian Contract Act, 1872.
2. (2) After any goods have been taken charge of and a receipt given for them under this section, no liability for any loss or damage which may occur to them shall attach to any person to whom a receipt shall have been given or to the master or the owner of the vessel from which the goods have been landed or transhipped. The goods shall be at the risk of the owner.
3. (3) The Board shall not be in any way responsible for loss of or damage to goods of which it has taken charge, unless notice of such loss or damage shall have been given within one month of the date of the receipt given for the goods under sub-section (3) of section 40.