State Act

37

Section 37. Power to borrow.

THE HIMACHAL PRADESH UNIVERSITY OF HEALTH SCIENCES ACT, 2017

Act no. 11 of 20172017In forceHimachal Pradesh (State Act)

37. Power to borrow.- The University may, for any of the purposes prescribed by the statutes, borrow money from a bank or a corporation. If the total amount to be borrowed exceeds twenty five lacs rupees, the prior approval of the Government shall be obtained for such borrowings.