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Section 14: Grants and loans by the Central Government.

The Warehousing Corporations Act, 1962Central Act · Act 58 of 1962

(1) The Central Government may, after due appropriation made by Parliament by law in this behalf, pay to the Central Warehousing Corporation for the purposes of either fund maintained by the Corporation--

(a) by way of grants, such sums of money as the Central Government may consider necessary; and

(b) by way of loans, such sums of money on such terms and conditions as the Central Government may determine;

(2) When making a payment under sub-section (1), the Central Government shall specify the fund for the purposes of which the payment is made.

Where this provision sits

ActThe Warehousing Corporations Act, 1962
Section14
Marginal noteGrants and loans by the Central Government.
JurisdictionCentral
StatusIn force as published by the source

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