Every loan granted under this Act shaJI be secured by a mortgage upon the whole or such portion of the assets of the business or enterprise as the sanctioning authority may consider sufficient and where the whole of the assets of the business or enterprise 1s in the opinion of the sanctioning authority msuffic1ent, by such collateral security as may be required by the sanctioning authority and shall bear interest payable on such dates and at such rates as the Go vernment may determine.
Section 14: Loanr how secured
TheKeralaState Aid toIndustriesAct,1963-34of1963State Act of Kerala · Act 34 of 1963
Where this provision sits
| Act | TheKeralaState Aid toIndustriesAct,1963-34of1963 |
|---|---|
| Section | 14 |
| Marginal note | Loanr how secured |
| Jurisdiction | State of Kerala |
| Status | In force as published by the source |
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