TAMIL NADU MINOR PORTS FUND ACT, 1938

TAMIL NADU MINOR PORTS FUND ACT, 1938

(Tamil Nadu Act 30 of 1938)

Received the assent of the Governor on the 4th January 1939 and first published in the Fort St. George Gazette, dated 10th January 1938.

An Act to provide for the disposal of the balance to the credit of the Minor Ports Fund in the [State of Tamil Nadu].

Whereas under sub-section (6) of section 36 of the Indian Ports Act, 1908, the disposal of the balances, from time to time, standing to the credit of port fund accounts is subject to the provisions of any local law;

And Whereas the [State] Government have directed that all minor ports in the [State of Tamil Nadu] should be regarded as constituting a single port with a common port fund called the Minor Ports Fund;

And Whereas subsequently the Tuticorin Port Fund has been constituted as a separate fund under the Tuticorin Port Trust Act, 1924;

And Whereas it is expedient to provide by an Act of the [Tamil Nadu Legislature] for the disposal of the balance which is now standing and which may from time to time stand to the credit of the said Minor Ports Fund other than that of Tuticorin;

It is hereby enacted as follows : -

1. Short title and extent. - This Act may be called the [Tamil Nadu] Minor Ports Fund Act, 1938.

(2) It extends to the whole of the [State] of [Tamil Nadu]

Object & Reasons

Statement of Objects and Reasons - Tamil Nadu Minor Ports Fund Act, 1938 (Tamil Nadu Act 30 of 1938). - For Statement of Objects of Reasons, see Fort St. George Gazette Extraordinary, Part IV, page 6, dated the 12th August 1938, and Fort St. George Gazette, Part IV, page 184, dated the 4th October 1938.

2. Definition of "Minor Ports Fund". - In this Act "Minor Ports Fund" means the common port fund of all the minor ports situated in the [State] of [Tamil Nadu] other than Tuticorin.

3. Disposal of surplus on the 31st March, 1939. - The balance standing on the 31st day of March, 1939 to the credit of the Minor Ports Fund in excess of twenty lakhs of rupees shall be credited to and shall be disposed of along with the rest of the [revenues] of the [State].

4. Disposal of subsequent surpluses. - Such portion of the balance standing to the credit of the Minor Ports Fund on the 31st day of March in the year 1940 or in any subsequent year, as the [State] Government may with the approval, by resolution, of the [Tamil Nadu] Legislative Assembly, determine, shall be credited to and shall be disposed of along with the rest of the [Revenues] of the [State].