Section 16
Grants and loans by the Central Government.
The Marine Products Export Development Authority Act, 1972
About this Act
An Act to provide for the establishment of an Authority for the development of the marine products industry under the control of the Union and for matters connected therewith.
The Central Government may, after due
appropriation made by Parliament by law in this behalf, pay to the Authority by way of grants or loans
such sums of money as the Central Government may consider necessary.