Section 10, The Public Private Partnership Act, 2014

(1) Subject to any restrictions that may be contained in a PPP Agreement, a private partner shall have the right to create security interests over any of its own property, rights or interests, including the private partner's own property covered under the PPP Agreement, as shall be required to secure any financing needed for the PPP Project, including, in particular, the following: (a) security over movable or immovable property owned by the private partner or its interests in PPP Agreement; and (b) a pledge of the proceeds of, and receivables owed to the private partner in the PPP (2) The shareholders of a private partner's company shall have the right to pledge or create any other security interest in their shares in the private partner's company. (3) No security under subsections (1) and (2) may be created over public property or other property, assets or rights needed for the provision of a public service.