State Act
10
Section 10. Power of the Government to borrow and raise money.
The Punjab Social Security Act, 2018.
Act no. 8 of 20182018In forcePunjab (State Act)
10. The Government may borrow and raise money in such manner as it deems fit and secure the repayment of any money borrowed or raised, by mortgage, charge, standard security, lien or other security upon the whole or any part of Government assets (whether present or future), and also by a similar mortgage, charge, standard security, lien or security, guarantee for the performance of any obligation or liability, it may undertake or which may become binding on it.