State Act

21

Section 21. Borrowing power of the Board.

The Himachal Pradesh Khadi and Village Industries Board Act, 1966

Act no. 8 of 19661966In forceHimachal Pradesh (State Act)

21. Borrowing power of the Board.- The Board may, from time to time, with the previous sanction of the 7[Government of Himachal Pradesh] and subject to the provisions of this Act and such conditions as 8[it] may determine, borrow any sum required for the purposes of this Act : Provided that the previous sanction of the 9[Government of Himachal Pradesh] shall not be necessary to borrow any sum from the Commission.