State Act

15

Section 15. Powers of Parishad to borrow

The Andhra Pradesh Yogadhyayana Parishad Act, 1987.

Act no. 25 of 19871987Repealed 6 August 1990Andhra Pradesh (State Act)

This Act was repealed on 6 August 1990 by the Andhra Pradesh Yogadhyayana Parishad (Repeal) Act, 1990 (18 of 1990), s.3(1); it may still apply to matters that began before then.

15. Powers of Parishad to borrow - (1) The Parishad may, from time time, with the previous sanction of the Government and subject to the provisions of this Act, and to such conditions as may be prescribed, barrow any sum required for the purposes of this Act. (2) The maximum amount which the Parishad may at any time borrow under sub-section (1) shall be two lakhs rupees unless the Government by notification fix higher maximum amount.