Bare ActsThe Faridabad Development Corporation Act, 1956

Section 16

Grants and loans to the Corporation.

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

The Central Government may, after due appropriation made by Parliament by law in this behalf, make such grants and advance such loans to the Corporation as the Central Government may deem necessary for the performance of the functions of the Corporation under this Act; and all grants made and all loans advanced shall be on such terms and conditions as the Central Government may determine.

Section 16 – The Faridabad Development Corporation Act, 1956 | DailyLaw.ai