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Section 68: Guarantee by Government of loans

The Goa Housing Board Act, 1968State Act of Goa · Act 12 of 1968

The Government may guarantee in such manner as it thinks fit, the payment of the principal and interest of any loan proposed to be raised by the Board on debenture or of either the principal or the interest:

Provided that the Government shall, so long as any such guarantees are in force, lay before the Legislative Assembly of Goa, 27[***] in every year during the budget session, a statement of the guarantees, if any, given during the current year and an up-to-date account of the total sums, if any, which have been paid out of the Consolidated Fund of the 28[State of Goa] by reason of any such guarantees or paid into the said Fund towards repayment of money so paid out.

Where this provision sits

ActThe Goa Housing Board Act, 1968
Section68
Marginal noteGuarantee by Government of loans
JurisdictionState of Goa
StatusIn force as published by the source

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