section 22
Loan Fund
The Himachal Pradesh Antyodaya Corporation Act, 1979General197938 sections7 chapters
Chapter IV FUNCTIONS AND FUNDS OF THE CORPORATION
Statutory text
The loans raised or obtained by the Corporation from the financial institutions/banks and the State or the Central Government or any other agency shall be credited to this Fund. The Loan Fund shall be used for the purpose of advancing loans at such rate of interest as may be determined, and on such conditions as may be imposed, by the Board for protecting the interest of the Corporation.
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