The Major Port Trusts Act, 1963 has been legislated with an aim to make provision for the constitution of port authorities for certain major ports in India and to vest the administration, control and management of such ports in such authorities and for matters connected therewith. The Act provides that the Central Government shall constitute in respect of any major port, a Board of Trustees to be called the Board of Trustees of that port, which shall consist of the specified Trustees as mentioned under the Act. The Board of Trustees may, from time to time, constitute from amongst the Trustees one or more committees, each consisting of such number as the Board may consider necessary, for the purpose of discharging such of its functions as may be delegated to such of its function as may be delegated to such committee or committees by the Board. The Act also provides for establishment of sinking funds and reserve funds.
