State Act
22
Section 22. Repayment of capital with interest.
The Maharashtra Maritime Board Act, 1996.
Act no. XV of 19971997In forceMaharashtra (State Act)
22. Repayment of capital with interest.— The Board shall repay, at such intervals and on such terms and conditions as the Government may determine, the amount which is treated under clause (c) of section 20 as capital provided by the Government with interest at such rate as may be fixed by the Government and such repayment of capital or payment of interest shall be deemed to be a part of the expenditure of the Board.