State Act
229
Section 229. Zilla Panchayat may raise loans and form a sinking fund.
THE KARNATAKA GRAM SWARAJ AND PANCHAYAT RAJ ACT, 1993
Act no. 14 of 19931993In forceKarnataka (State Act)
229. Zilla Panchayat may raise loans and form a sinking fund.- A Zilla Panchayat may, with the previous sanction of the Government and subject to the conditions imposed by it from time to time, raise loans for the execution of any work or for the purpose of carrying out any of the provisions of this Act and form a sinking fund for the repayment of such loans.