section 99
Power to borrow money for Development Plan for making or execution of a town planning scheme.
The Goa Town and Country Planning Act, 1974Infrastructure1974157 sections11 chapters
Chapter VIII Town Planning Schemes
Statutory text
- (1) A Planning and Development Authority may borrow money at such rate of interest and for such period and upon such terms, as the Government may approve, for the purpose of a Development Plan or the making or execution of a town planning scheme.
- (2) Any expenses incurred by a Planning and Development Authority or the Government under this Act in connection with the making and execution of a Development Plan or a town planning scheme shall be defrayed out of the funds of the Planning and Development Authority.
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