Section 43

(1)

Notwithstanding this Part, the Authority shall, on application made to it by the owner of a vessel, enter into a contract

40 Laws of Malaysia ACT 243

with that owner whereby the Authority shall accept liability for any loss caused by reason of short delivery by the Authority of any goods deposited with or placed in the custody or control of the Authority or any failure by the Authority to deliver or account for the same; and for the purposes of this section, the Authority may prescribe the terms and conditions of the contract and may, with the approval of the

Minister, from time to time prescribe the rates to be levied:

Provided that the Authority may in its discretion refuse to enter into such contract unless the contract is in respect of all of the goods to be loaded into or discharged from a vessel, as the case may be.