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Section 21: Borrowing powers of Bureau.

The Energy Conservation Act, 2001Central Act · Act 52 of 2001

(1) The Bureau may, with the consent of the Central Government or in accordance with the terms of any general or special authority given to it by the Central Government, borrow money from any source as it may deem fit for discharging all or any of its functions under this Act.

(2) The Central Government may guarantee, in such manner as it thinks fit, the repayment of the principal and the payment of interest thereon with respect to the loans borrowed by the Bureau under sub-section (1).

Where this provision sits

ActThe Energy Conservation Act, 2001
Section21
Marginal noteBorrowing powers of Bureau.
JurisdictionCentral
StatusIn force as published by the source

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