State Act
23
Section 23. Borrowing of Money
Sri Venkateswara Vedic University Act, 2006.
Act no. 29 of 20062006In forceAndhra Pradesh (State Act)
23. Borrowing of Money - The University may also borrow money from a Bank or a Corporation for the purposes of the University: Provided that where the University intends to borrow money from a Bank or a Corporation or both exceeding an amount of one lakh rupees at a time or in the aggregate, it shall obtain the prior written approval of the Sponsoring Institution therefor.