Amendment status not verified — confirm the current text below against the official source.
NO machinery shall be supplied by the '[Stare] Government Percenlage or on the hirc-purc hase system unless the applicant therefor deposits with lo bC: dejmsilcd by h e Direclot such percentage of the cost there01 as may be prescribed, binr and furnishes security Tor the unpaid portion of such cost in the same manner as for a loan granted under the provisions of Chapter IV. .