Port Authorities Act 1963 · Updated to 1 Dec 2020 · Part VII · New Ports
51. Repayment of loan charges to Administration
Feedback & supportThe Authority shall be responsible for the payment to the
Accountant General of interest and redemption on loans drawn by the
Administration on behalf of Port Kelang.
port
“port” means the port specified in the Schedule within the limits declared under section 6 of the Merchant Shipping Ordinance 1952;
In the case of such loans drawn prior to 1 January 1959, which were drawn for both the purposes of the Administration and of Port
Kelang 18.451 per centum of the loan interest and redemption thereon shall be paid by the Authority annually to the Administration.
Any dispute arising between the Authority and the
Administration as to the payment of any loan charges under this section
charges
“charges” includes any toll, due, rent or other charge leviable under this Act;
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shall be referred to the Minister of Finance whose decision thereon shall be final.
Minister
“Minister” means the Minister charged with the responsibility for ports;