State Act
163
Section 163. Money borrowed for advancing loans not to be utilised for other purposes.
The Maharashtra Housing and Area Development Act, 1976.
Act no. 28 of 19771977In forceMaharashtra (State Act)
163. Money borrowed for advancing loans not to be utilised for other purposes.— Whenever any sum of money has been borrowed by the Authority for the purposes of advance of loans, no portion thereof shall be applied to any other purposes without the previous sanction of the State Government.