Article 34 Borrowing powers

The Authority may from time to time borrow, by any methods and on such terms as it sees fit, such sums of money as it thinks necessary for the purposes of the port undertaking, and where moneys are borrowed by the Authority under this article, the Authority may, if it sees fit, borrow those moneys upon the security of some or all of its assets or of some or all of its revenues or of some or all of both its assets and revenues, and the Authority may effect such arrangements as it sees fit to mitigate against any financial risk incurred for those purposes.