The Gazette of India New Delhi Saturday February 24 1951

Amendment of section 14B Bombay Act VI of 1879.—In section 14B of the Bombay Act for the words "officers or servants of the Board or of any class of persons ernployed by or on behalf of the Board" the words "employees of the Board" shall be substituted: 12. [...] at the credit of the sinking fund are in excess of the amount which should be at its credit the Accountant-General shall certify the amount of this excess and the Board may with the previous sanction of the' Central Government — (a) withdraw the whole or any part of the certified excess in the sinking fund or (b) reduce or discontinue the half-yearly contributions to the sinking fund prescribe [...] Issues of stock certificates.—(1) The Board at its discretion at the time of issue or at any time during the currency of any debentures or securties issued under the provisions of this Act upon the application of the subcriber for or holder of any such debentures or securities issue to him in lieu of the debentures or securities deliverable to or held by him a certficate in the natu [...] 2 t.) the general account of the port towards meeting deficits if any in the pilotage account of the port Maintained under section 30 of the Indian Ports Act 1908 (XV of 1908) or transfer the whole or any part of any surplus funds in such pilotage account to the general account of the port. [...] Power to supersede the Board.—(1) If at any time the Central Government are of opinion — (a) that on account of a grave emergency the Board are unable to 'perform the duties imposed on them by or under the provisions of this Act or of any other law or (b) that the Board have persistently made default in the perfomance of the duties imposed on them by or under the provisions of this Act or