Bare ActsThe KARNATAKA HOUSING BOARD ACT, 1962.

Section 53

Subventions and loans to the Board

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

Subventions and loans to the Board.—(1) The State Government may from time to time make subventions to the Board for the purposes of this Act on such terms and conditions as the State Government may determine. (2) The State Government may from time to time advance loans to the Board on such terms and conditions not inconsistent with the provisions of this Act as the State Government may determine.

Section 53 – The KARNATAKA HOUSING BOARD ACT, 1962. | DailyLaw.ai