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[Cites 0, Cited by 0] [Section 86] [Entire Act]

Union of India - Subsection

Section 86(2) in The Inland Vessels Act, 2021

(2)For the purposes of constitution of the Development Fund under sub-section (1), endeavour shall be made to design schemes of contribution from-
(a)the State Government;
(b)stake holders;
(c)the amount collected from sale of wreck or cargo or remains thereof after deducting the expenses incurred;
(d)excess fund out of judicial sale of vessels or any property or cargo after meeting the expenses incurred or set-off against the court to meet damages or functioning of the court or administrative machinery; and
(e)part or proportionate disbursement of fees collected by the respective State Government as provided in this Chapter.