section 98
Repayment. of loans takenunder. ction 99,--Eery loan taken Hy (HE Bods Eh
The Kerala State Housing Board Act 1971Chapter X GONSTITU I'TON OF TRIBUNAL AND ITS FUNCTIONS :
Every loan taken by the Board shall be repaid by the Board within the period agreed upon by the Board and subject to the provisions of sub-section (2) of section 115 by such of the following methods as may be approved by the Government, namely:-- (a) from a sinking fund established under section 99 in respect of the loan; or (b) by paying in equal yearly or half-yearly instalments of principal or of principal and interest, throughout the said period; or (c) if the Board has, before borrowing money on debentures, reserved, by public notice, a power, to pay off the loan by periodical instalments and to select by lot the particular debentures to be discharged at particular periods, then, by paying such instalments at such periods; or (d) from money borrowed for the purposes of mentioned in clause (c); or (e) partly from the sinking fund established under section 99 in respect of the loan, and partly from money borrowed for the purpose.
Study data processing for this section.
PDF: pending for this language.