Section 14
Grants and loans by the Central Government.
The Warehousing Corporations Act, 1962
About this Act
An Act to provide for the incorporation and regulation of corporations for the purpose of warehousing of agricultural produce and certain other commodities and for matters connected therewith.
(1) The Central Government may, after
due appropriation made by Parliament by law in this behalf, pay to the Central Warehousing
Corporation for the purposes of either fund maintained by the Corporation--
(a) by way of grants, such sums of money as the Central Government may consider necessary; and
(b) by way of loans, such sums of money on such terms and conditions as the Central Government may determine;
(2) When making a payment under sub-section (1), the Central Government shall specify the fund for the purposes of which the payment is made.
(a) by way of grants, such sums of money as the Central Government may consider necessary; and
(b) by way of loans, such sums of money on such terms and conditions as the Central Government may determine;
(2) When making a payment under sub-section (1), the Central Government shall specify the fund for the purposes of which the payment is made.