Section 18:
Borrowing powers of the Board.
Subject to such rules as may be made in this behalf, the
Board shall have the power to borrow on the security of the Tobacco Fund or any other asset for carrying
out the purposes of this Act.
4/1975 - The Tobacco Board Act, 1975 ▶
Act Number: 4
Act Name: The Tobacco Board Act, 1975
Year: 1975
Enactment Date: 1975-03-19
Long Title: An Act to provide for the development under the control of the Union of the tobacco industry.
Ministry: Ministry of Commerce and Industry
Department: Department of Commerce