State · Andhra Pradesh
Section 61 of THE ANDHRA PRADESH HOUSING BAOARD ACT, 1956 Act No XLVI of 1956 ARRANGEMENT OF SECTIONS CHAPTER – I PRELIMINARY
Subventions and loans to the Board - (1) The Government may from time to time make subventions to the Board for the purposes of this Act on such terms and conditions not inconsistent with the provisions of this Act as the Government may determine.
- (2)The Government may from time to time, advance loans to the Board on such terms and conditions not inconsistent with the provisions of this Act as the Government may determine.
60PreviousSection 60 Expenditure in case of urgency - (1) Where in the opinion of the Board circumstances of extreme urgency have arisen it shall be lawful for the Board to make for the purpose of this Act in any year, expenditure not exceeding rupees ten thousand, notwithstanding the fact that such expenditure has not been included in its annual programme or supplementary programme sanctioned by the Government or the variation of the programme made under section 29;62NextSection 62 Power of Board to borrow - (1) The Board may from time to time, with the previous sanction of the Government and subject to the provisions of this Act and to such conditions as may be prescribed in this behalf, borrow any sum required for the purposes of this Act.