section 54A
Mode of repaying loan.
The Karnataka Housing Board Act, 1962Infrastructure196299 sections9 chapters
Chapter VII FINANCE, ACCOUNTS AND AUDIT
Statutory text
Mode of repaying loan. Every loan obtained by the Board shall be repaid within the period and in the manner agreed upon by the Board,— (a) from a sinking fund established for the purpose under section 54B; or (b) from money borrowed for the purpose; or (c) partly from the sinking fund established under section 54B and partly from the money borrowed for the purpose.
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