Section 28:
Borrowing powers of Board.
Subject to such rules as may be made in this behalf, the Board
shall have power to borrow on the security of the Fund or any other asset for any purposes for which the
Fund may be applied.
29/1953 - The Tea Act, 1953 ▶
Act Number: 29
Act Name: The Tea Act, 1953
Year: 1953
Enactment Date: 1953-05-28
Long Title: An Act to provide for the control by the Union of the Tea industry, including the control, in pursuance of the International Agreement now in force, of the cultivation of tea in, and of the export of tea from, India and for that purpose to establish a Tea Board and levy a duty of excise on tea produced in India.
Ministry: Ministry of Commerce and Industry
Department: Department of Commerce