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Section 13A

Power to borrow money

of Bintulu Port Authority Act 1981

ActIn forceProvision 17 of 110
Section 13A

The Authority may, from time to time with the approval of the

Minister of Finance, borrow, by way of overdraft or otherwise, such sums as it may require for meeting its obligations and discharging its functions under this Act and may secure the repayment of any sum borrowed by way of a mortgage or charge, legal or equitable, of any property vested in the Authority, or of any revenue received by the

Authority under this Act.