Section 75
Power of board to borrow.
About this Act
An Act to provide for the better administration of Auqaf and for matters connected therewith or incidental thereto.
(1) For the purpose of giving effect to the provisions of this Act,
the Board may, with the previous sanction of the State Government, borrow such sum of money and on
such terms and conditions as the State Government may determine.
(2) The Board shall repay the money borrowed, together with any interest or costs due in respect thereof, according to the terms and conditions of the loan.
(2) The Board shall repay the money borrowed, together with any interest or costs due in respect thereof, according to the terms and conditions of the loan.