Section 18

Borrowing powers of the Authority.

The Marine Products Export Development Authority Act, 1972

  • Act 13 of 1972
  • Ministry of Commerce and Industry
  • Department of Commerce
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.

All sections
    Subject to such rules as may be made in this behalf, the Authority shall have power to borrow on the security of the Marine Products Export Development Fund or any other asset for carrying out the purposes of this Act.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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