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[Cites 0, Cited by 0] [Section 40] [Entire Act]

State of Odisha - Subsection

Section 40(1) in The Orissa Port Trust Act, 1962

(1)Save as otherwise provided in this Act there shall be a Port Trust Fund (hereinafter referred to as the Fund) vested in the Board which shall be comprised of -
(a)all funds which immediately before the establishment of the Board had vested in Government or any other authority on account of the port under the Indian Ports Act, 1908 (15 of 1908) and the Orissa Ports Regulation, 1937 (Orissa Regulation 11 of 1937);
(b)all moneys received by or on behalf of the Board under the provisions of this Act of any other law for the time being in force or under any contract;
(c)all proceeds of the disposal of property by or on behalf of the Board;
(d)all rents accruing from any property of the Board;
(e)all moneys raised by means of rates, fees, charges and other dues levied for the purposes of this Act;
(f)all fines and penalties levied by or under the provisions of this Act;
(g)all moneys received by or on behalf of the Board from Government, Central or State or from any individual or association of individuals by way of grant, gift or deposit;
(h)all interests and profits arising from any investment of or from any transaction in connection with, any money belonging to the Board, including loans advanced under this Act; and
(i)all moneys received by or on behalf of the Board from any other source whatsoever.