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Section 28: Borrowing of money

Dr. N.T.R University of Health Sciences Act, 1986.State Act of Andhra Pradesh · Act 6 of 1986

The University may accept moneys from the Government of India, the State Government, the University Grants Commission and International Agencies like the World Health Organisation and also borrow money from a Bank or a Corporation for the purposes of the University;

Provided that where the University intends to borrow money from a Bank or a Corporation or both exceeding an amount of fifty thousand rupees at a time or in the aggregate, it shall obtain the prior written approval of the Government therefor.

Where this provision sits

ActDr. N.T.R University of Health Sciences Act, 1986.
Section28
Marginal noteBorrowing of money
JurisdictionState of Andhra Pradesh
StatusIn force as published by the source

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