State Act
18
Section 18. Power to Impose conditions for loans.
Act no. 33 of 19781978In forcePunjab (State Act)
18. In making any loan authorised by this Act, the Corporation may impose such conditions as it may think necessary or expedient for protecting the interests of the Corporation; Provided that interest on such loans shall be chargeable at such concession rate as may, from time to time, be fixed by the Corporation with the prior approval of the Government.