Nomachineryshall be supplied by the State Government on the hire-purchase system unless the applicant therefor deposits with the Director such percentage of the cost thereof as may be prescribed, and furnishes security for the unpaid portion of such cost in the same manner as for a loan granted under the provisions of Chapter IV.
Section 36: Percentage of cost to be deposited by hirer
The Himachal Pradesh State Aid to Industries Act, 1968State Act of Himachal Pradesh · Act 2 of 1971
Where this provision sits
| Act | The Himachal Pradesh State Aid to Industries Act, 1968 |
|---|---|
| Section | 36 |
| Marginal note | Percentage of cost to be deposited by hirer |
| Jurisdiction | State of Himachal Pradesh |
| Status | In force as published by the source |
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