Amendment status not verified — confirm the current text below against the official source.
(1) The Board may, from time t-0 time, with the previous sanction of the State Government and subjoct to the provision$ of this Act and to such conditions as the State Government may, by general or special order, impose, bon'Ow any moneys required for the purposes of this Act by making arrange- ments with the Banks or other bodies or institutions approved by the State Government for this purposo. (2) The Board may advance any part of such borrowings to any local body for the performance of its duties and discharge of its functiolll! relating to war.er supply 1111d sewerage services on such terms and conditions as the Board may determine.