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Section 19

The West Bengal Scheduled Castes, Scheduled Tribes And Other Backward Classes Development And Finance Corporation Act, 2017State Act of West Bengal · Act 30 of 2017

(1) The Corporation may, with the previous approval of the State Government, borrow money in the open market or from banks and financial institutions or otherwise for carrying out any of its functions under this Act.

(2) Money borrowed by the Corporation under sub-section (1), may be guaranteed by the State Government in such manner as it may think fit as to the repayment of the principal and the payment of interest.

20. All receipts of the Corporation shall be carried into its general fund and all payments by the Corporation shall be made therefrom.

Where this provision sits

ActThe West Bengal Scheduled Castes, Scheduled Tribes And Other Backward Classes Development And Finance Corporation Act, 2017
Section19
JurisdictionState of West Bengal
StatusIn force as published by the source

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