section 68
Power to borrow
The REGULATION AND DEVELOPMENT) ACT, 1966General1966185 sections16 chapters
Chapter VI POWERS AND DUTIES OF MARKET COMMITTEES
Statutory text
(1) A market committee may with 1[the prior approval of the Director of Agricultural Marketing borrow money from the Board or a Scheduled Bank or any other public finance institutions] required for carrying out the purposes for which it is established on the security of any property vested in it and of any fees leviable by it under this Act.
2[(2) x x x
- (3) x x x]
1 Substituted by Act 16 of 1991 w.e.f. 1.8.1991.
2 Omitted by Act 16 of 1991 w.e.f. 1.8.1991.
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