State Act
37
Section 37. Power to borrow.
Baba Farid University of Health Sciences Act, 1998
Act no. 18 of 19981998In forcePunjab (State Act)
37. The University may, for any of the purposes prescribed by the statutes, borrow money from a bank or a corporation. If the total amount borrowed exceeds twenty-five lakh rupees, the prior approval of the Government shall be obtained for such borrowing.