Bare ActsThe ASSAM URBAN WATER SUPPLY AND SEWERAGE BOARD ACT. 1985

Section 37

Amendment status not verified — confirm the current text below against the official source.

Every loan taken by the Boars shall be repaid by the Board within the period agreed upon by the Board by such of the following methods as may be approved by the ~tate Government, namely:- (i) by payment from a sinking fund established under Section 38 in respect of the loan; (ii) by payment in equal yearly or half-yearly instalments of principal or of principal and interest, throughout the said period; (iii) by payment from money borrowed for the purpose. (iv) by payment partly from the [sinking fund established under Section 38 in respect of the loan and parlly fi·orn money borrowed f01.· the purpose ; or (v) by payment from any other source, with tlw prior permi~si<'n of ,. , "tate Government. TIIE ASSAM GAZETTE. EXTRAORDINARY, JAN. 9. 1987 53 Estahlisb-

Section 37 – The ASSAM URBAN WATER SUPPLY AND SEWERAGE BOARD ACT. 1985 | DailyLaw.ai