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[Cites 0, Cited by 0] [Section 68] [Entire Act]

State of Maharashtra - Subsection

Section 68(1) in The Maharashtra Maritime Board Act, 1996

(1)The sums so set apart by the Board under sub-section (1) of section 67 and the sums forming part of the sinking fund referred to in sub-section (2) of that section shall be invested in public securities or in such other securities as the Government may approve in this behalf and shall be held by the Board in trust for the purposes of this Act.