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Section 22: Loan Fund

The Himachal Pradesh Antyodaya Corporation Act, 1979State Act of Himachal Pradesh · Act 17 of 1979

The loans raised or obtained by the Corporation from the financial institutions/banks and the State or the Central Government or any other agency shall be credited to this Fund. The Loan Fund shall be used for the purpose of advancing loans at such rate of interest as may be determined, and on such conditions as may be imposed, by the Board for protecting the interest of the Corporation.

H. P. ANTYODAYA CORPORATION ACT, 1979 13

CHAPTER V RECOVERY OF LOANS AND GRANTS

Where this provision sits

ActThe Himachal Pradesh Antyodaya Corporation Act, 1979
Section22
Marginal noteLoan Fund
JurisdictionState of Himachal Pradesh
StatusIn force as published by the source

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