State Act

THE UTTAR PRADESH FOREST CORPORATION ACT, 1974

15. Power of the corporation (1) The Corporation shall, subject to the provisions of this Act, have power to do anything which may be necessary or expedient for carrying out its functions under this Act. (2) Without prejudice to the generality of the foregoing provision, such power shall include the power -- (a) to set up workshops or factories for processing forest raw materials; (b) to establish, maintain and operate laboratories and experimental and research stations ; (c) to enter into such contract or arrangement with any person as the Corporation may deem necessary for performing its functions under this Act; (d) to borrow money, issue debentures and manage its fund; and (e) to incur expenditure and grant loans and advances to such persons as the Corporation may deem necessary for performing its functions under this Act.