rule 14
Power of Board to lend.
Manual of Goa Laws (Vol. II) – 523 – Housing Board Act & RulesInfrastructure18 rules
Statutory text
The Board may lend or advance money under section 67 to the extent of Rs. 50,000/- without the prior approval of Government. The Board may lend or advance under section 32, money exceeding Rs. 50,000/- with the prior approval of Government and subject to such terms and conditions as may be prescribed by Government in each case.
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