section 67
Power to raise loans
The Tuticorin Port Trust Act, 1924Infrastructure1924119 of 119 sections available
Statutory text
- (1) The Board may, with the previous sanction of the [State Government] after due notification in the [Official Gazette], raise loans for the purposes of this Act.
- (2) The [State Government] may, by order, determine the priority of interest on loans raised under this Act, and the terms of all loans shall be subject to the approval of the [State Government].
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