section 47
Powers of Authority to borrow and lend
The Tripura Urban Planning and Development Act, 2018Infrastructure2018163 sections15 chapters
Chapter VII FINANCE, ACCOUNTS AND AUDIT OF THE ACCOUNTS OF THE AUTHORITY
Statutory text
i. The Authority may, from time to time, borrow money by way of loans and debentures or bonds or such other financial instruments from such sources, other than the State Government, and on such terms and conditions as it may determine from time to time. ii. The Authority may advance money for constructing buildings for residential, industrial or commercial purposes on such terms and conditions, as it may determine from time to time.
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