Bare ActsThe Himachal Pradesh Ex-servicemen Corporation Act, 1979

Section 18

Power to impose conditions for loans

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

Power to impose conditions for loans.- In making any loan authorised by this Act, the Corporation may impose such conditions as it may think necessary or expedient for protecting the interest of the Corporation: Provided that interests on such loan shall be chargeable at such concessional rates as may, from time to time, be fixed by the Corporation with the prior approval of the Government.

Section 18 – The Himachal Pradesh Ex-servicemen Corporation Act, 1979 | DailyLaw.ai