section 72
Security for loans
The Tuticorin Port Trust Act, 1924Infrastructure1924119 of 119 sections available
Statutory text
All loans may be raised on the security of-
- (a) the property now vested, or which may hereafter become vested in the Board, other than any sums set apart by the Board as a sinking fund for the purpose of paying off any loan; and
- (b) the tolls, dues, rates, rents and charges leviable under this Act.
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