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Section 8

The Great Eastern Hotel ( Acquisition Of Undertaking ) Act, 1980State Act of West Bengal · Act 27 of 1980

(1) The Hotel Authority may, with the previous approval of the State Government, borrow money for carrying out the purposes of this Act or for servicing any loan obtained by it.

(2) The Hotel Authority shall not, without the prior approval of the State Government, dispose of any immovable property belonging to that Authority.

9. There shall be a Fund for the Hotel Authority to which shall be credited—

(a) loans and advances, if any, granted to the Hotel Authority by the State Government,

(b) all monies borrowed by the Hotel Authority,

(c) all receipts on account of rents, rates and other charges,

(d) such other sums as may be received by the Hotel Authority from the State Government or any other authority or agency.

100 The Great Eastern Hotel (Acquisition of Undertaking) Act, 1980.

XXVII of 1980.]

(Sections 10-12.)

Where this provision sits

ActThe Great Eastern Hotel ( Acquisition Of Undertaking ) Act, 1980
Section8
JurisdictionState of West Bengal
StatusIn force as published by the source

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