section 21
Borrowing powers of Bureau.
The Bureau of Indian Standards Act, 2016General201643 sections5 chapters
Chapter IV FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Bureau may, with the consent of the Central Government or in accordance with the terms of any general or special authority given to it by the Central Government, borrow money from any source as it may deem fit for discharging all or any of its functions under this Act.
- (2) The Central Government may guarantee in such manner as it thinks fit, the repayment of the principal and the payment of interest thereon with respect to the loans borrowed by Bureau under sub-section (1).
Study data processing for this section.
PDF: pending for this language.