Section 19
Power to impose conditions for accommodation.
The National Housing Bank Act, 1987
About this Act
An Act to establish a bank to be known as the National Housing Bank to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and other support to such institutions and for matters connected therewith or incidental thereto.
In entering into any transaction under
this Chapter with any borrowing 1[institution], the National Housing Bank may impose such
conditions as it may think necessary or expedient for protecting the interests of the National Housing
Bank.
Notes
1. Subs. by s. 12, ibid., for "housing finance institution" (w.e.f. 12-6-2000).