State Act
20
Section 20. Power to borrow.
The Gujarat Municipal Finance Board Act, 1979
Act no. 12 of 19791979In forceGujarat (State Act)
20. The Board may, from time to time, with the previous sanction of the State Government and subject to the provisions of this Act and to such conditions as the State Government may, by general or special order, impose, borrow any moneys required for the purposes of this Act by making arrangements with the banks or other bodies or institutions approved by the State Government for this purpose.