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Section 41: Existing loans and securities to continue.

The Major Port Authorities Act, 2021Central Act · Act 1 of 2021

Notwithstanding anything contained in this Act, all loans raised or borrowed and all securities issued or pledged in relation to a Major Port prior to the commencement of this Act shall continue to be governed in accordance with the provisions of the Major Port Trusts Act, 1963 (38 of 1963).

Where this provision sits

ActThe Major Port Authorities Act, 2021
Section41
Marginal noteExisting loans and securities to continue.
JurisdictionCentral
StatusIn force as published by the source

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