6[A Development Authority] may, from time to time, borrow at such rate of interest and for such period and upon such terms, as the Government may approve, any sum of money required for efficient performance of the functions assigned to it under this Act and the rules made thereunder, subject to the provisions in the Kerala Local Authorities Loans Act, 1963 (30 of 1963) and the rules made thereunder.
1. Substituted by Act 33 of 2021 (w.e.f. 25.02.2021).
2. Substituted by Act 33 o f 2021 (w.e.f. 25.02.2021).
3. Substituted by Act 33 of 2021 (w.e.f. 25.02.2021).
4. Substituted by Act 33 of 2021 (w.e.f. 25.02.2021).
5. Substituted by Act 33 of 2021 (w.e.f. 25.02.2021).
6. Substituted by Act 33 of 2021 (w.e.f. 25.02.2021).