Act Number: 82

Act Name: The Inland Waterways Authority of India Act, 1985

Year: 1985

Enactment Date: 1985-12-30

Long Title: An Act to provide for the constitution of an Authority for the regulation and development of inland waterways for purposes of shipping and navigation and for matters connected therewith or incidental thereto.

Ministry: Ministry of Shipping

Department:

Section 18A: Borrowing powers of the Authority.
    1[18A. Borrowing powers of the Authority.--The Authority may, in such manner and subject to such terms and conditions as may be determined by regulations, borrow money from any source by the issue of bonds, debentures or other instruments as it may think fit for discharge of all or any of its functions under the Act.]
Notes:
1. Ins. by Act 40 of 2001, s. 6 (w.e.f. 1-7-2003).
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