Section 5: Risk Categorization.

The Meghalaya Ceiling on Government Guarantees Act, 2025 (Act No. 5 of 2025)State Act of Meghalaya · Act 5 of 2025

(1) The Departments should classify the projects / activities as high risk, medium risk and low risk and assign appropriate risk weights before extending guarantees.

(2) Risk categorization should also take into consideration past record of defaults.

(3) Risk associated with guarantee proposal including the probability of future payouts should be thoroughly assessed by concerned Departments.

Where this provision sits

Act	The Meghalaya Ceiling on Government Guarantees Act, 2025 (Act No. 5 of 2025)
Section	5
Marginal note	Risk Categorization.
Jurisdiction	State of Meghalaya
Status	In force as published by the source

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