State Act

The Andhra Pradesh Vaidya Vidhana Parishad Act, 1986.

This Act was repealed on 31 July 2023 by the Andhra Pradesh Vaidya Vidhana Parishad (Repeal) Act, 2023 (44 of 2023); it may still apply to matters that began before then.

17. Guarantee of lands - The Government may guarantee in such manner as they think fit the payment of the principal and interest of any loan proposed to be raised by the Commissionerate or of either the principal or the interest: Provided that the Government shall, so long as any such guarantees are inforce, lay before the Legislative Assembly of the State in every year during the budget session, a statement of the guarantees, if any given during the current financial year of the State, and an upto date account of the total sums, if any, which have been paid out of State revenues by reason of any such guarantees or paid into State revenues towards repayment of any money so paid.