PORTS ACT

Section 34: Power to borrow money temporarily.

1956Section 34 of 138Federal Republic of Nigeria

The Authority may, with the consent of or in accordance with any general authority given by the Minister, borrow temporarily by way of loan, overdraft or otherwise such sums repayable on demand or within one year after the date of borrowing as the Authority may require for meeting
their obligations and discharging their functions under this Act, and the moneys aforesaid may be borrowed from the Government or from such other person and upon such terms and conditions as may be approved by the Minister.

Cite this section

Section 34, PORTS ACT (1956).

https://repo.podus.ai/laws/ports-act/section/34/