Act 66 of 1986

The Shipping Development Fund Committee (Abolition) Act, 1986

An Act to abolish the Shipping Development Fund Committee constituted under the Merchant Shipping Act, 1958 and to provide for certain matters incidental thereto.

  • Ministry of Finance
  • Department of Financial Services
  • Enacted 1986-12-24
  • 20 sections
SectionTitle
1 Short title and commencement. RepealedRead
2 Definitions. RepealedRead
3 Abolition of the Shipping Development Fund Committee and consequential amendments in the Act. RepealedRead
4 Consequential provisions. RepealedRead
5 Continuation of suits, etc., against Central Government. RepealedRead
6 Moneys, etc., of the Committee to be credited to the Consolidated Fund of India. RepealedRead
7 Transfer of services of existing employees of the Committee. RepealedRead
8 Power of Central Government to call for repayment before agreed period. RepealedRead
9 Appointment of receiver without intervention of court. RepealedRead
10 Appointment of directors and administrators. RepealedRead
11 Effect of notified order. RepealedRead
12 Powers and duties of directors and administrators. RepealedRead
13 No right to compensation for termination of contract of management, etc. RepealedRead
14 Application of Act 1 of 1956. RepealedRead
15 Recovery of dues as arrear of land revenue. RepealedRead
16 Delegation of powers to the designated person. RepealedRead
17 Effect of the Act on other laws. RepealedRead
18 Protection of action taken in good faith. RepealedRead
19 Indemnification of directors, etc. RepealedRead
20 Directors, etc., to be public servants. RepealedRead
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