State Act

29

Section 29. Borrowings.

THE JAMMU AND KASHMIR METROPOLITAN REGION DEVELOPMENT AUTHORITES Act, 2018

In forceJammu and Kashmir (State Act)

29. Borrowings. The Authority may borrow any moneys for carrying out the purpose of this Act or for servicing any loan obtained by it, at such appropriate rates and on such conditions, as it may deem fit, in so far as where the guarantees or letters of the Government are not required.