Section 37A
Borrowing powers of Board.
The Water (Prevention and Control of Pollution) Act, 1974
About this Act
An Act to provide for the prevention and control of water pollution and the maintaining or restoring of wholesomeness of water, for the establishment, with a view to carrying out the purposes aforesaid, of Boards for the prevention and control of water pollution, for conferring on and assigning to such Boards powers and functions relating thereto and for matters connected therewith.
1
[37A. Borrowing powers of Board.--A Board may, with the consent of, or in accordance with, the
terms of any general or special authority given to it by the Central Government or, as the case may be, the
State Government, borrow money from any source by way of loans or issue of bonds, debentures or such
other instruments, as it may deem fit, for the performance of all or any of its functions under this Act.]
Notes
1. Ins. by Act 53 of 1988, s. 19 (w.e.f. 29-9-1988).