Section 65: Remedies of Government in respect of loans made to Board.

The Maharashtra Maritime Board Act, 1996.State Act of Maharashtra · Act 15 of 1997

The Government shall have in respect of loans made by it to the Board the same remedies as holders of Board Securities issued by the Board; and Government shall not be deemed to possess any prior or greater tight in respect of such loans than holders of such Board Securities:

Provided that, when the terms of any such loan made before the appointed day expressly provide that the loan shall have priority over all other loans in the matter of repayment by the Board, such loan shall have priority.

Where this provision sits

Act	The Maharashtra Maritime Board Act, 1996.
Section	65
Marginal note	Remedies of Government in respect of loans made to Board.
Jurisdiction	State of Maharashtra
Status	In force as published by the source

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