State Act
40
Section 40. Borrowing power of Authority.
THE KARNATAKA LAKE CONSERVATION AND DEVELOPMENT AUTHORITY ACT, 2014
Act no. 10 of 20152014Repealed 26 March 2018Karnataka (State Act)
This Act was repealed on 26 March 2018 by the Karnataka Tank Conservation and Development Authority and Certain Other Law (Amendment) Act, 2018 (Karnataka Act 15 of 2018), s.19; it may still apply to matters that began before then.
40. Borrowing power of Authority.- The Authority may, with the consent of the Government, or in accordance with the terms of any general or special authority given to it by the Government, borrow money from any source, by way of loans or issue of bonds, debentures or such other instruments as it may deem fit for the discharge of all or any of its function under this Act.