Act Number: 1

Act Name: The Major Port Authorities Act, 2021

Year: 2021

Enactment Date: 2021-02-17

Long Title: An Act to provide for regulation, operation and planning of Major Ports in India and to vest the administration, control and management of such ports upon the Boards of Major Port Authorities and for matters connected therewith or incidental thereto

Ministry: Ministry of Ports, Shipping and Waterways

Department:

Section 42: General accounts of Board.
    All monies received by or on behalf of the Board under the provisions of this Act shall be credited to such general account or accounts of the Board which the Board may from time to time generally open with any Nationalised Bank or any Scheduled Bank as per the guidelines of the Ministry of Finance, Government of India.
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