Subject to such rules as may be made in this behalf, the Board shall have power to borrow on the security of the Fund or any other asset for any purposes for which the Fund may be applied.
Coir Industry Act, 1953 Section 16 - Bare Act |
| State | Central Government |
| Year | 1953 |
| Section Title | Borrowing Powers of Board |
Subject to such rules as may be made in this behalf, the Board shall have power to borrow on the security of the Fund or any other asset for any purposes for which the Fund may be applied.