Amendment status not verified — confirm the current text below against the official source.
Lzmztatzon ofborrowmg and lendmg powe1S.-(I) The Cam.mttee shall have no power to borrow money from or to lend mGney to any p~rson unless it is sanctl mcd by the Commissioner as being nec•.:ssary or beneficial to the Devaswom. / , / (2) The Commissioner shall noy.ciuse sanction under sub se·:tion (1) unless the Cammittee has been gl)fen an op1ort•mHy of mak,ng representa- tion r.gainst sue~ refusal. 7 (3) Where sanctton is ref!used under sub sectiOn (I), t .e Cl)mmittee may, withm three months fro'll the da•e of receipt by It of th · dt:chion of tl:,9 Commission~r, instit~):.f a su•t in the Court to set aside the dectston. 13 Admmistratwn ;eport.-( 1) The Committee shall annually su hmi t to the Commissioner a report on the a.-Inunistration of the affairS f tne Deva- swom at such time f(s may be prescribt'd, ar.d such report shall be forthwith pubhshed by the Q.ommittee m the prcscnbed manner. (2) The..6ommissioncr shall submit a copy of the report prepared and published un~r sub section (I) to the Government and the Government shall, as soon a;;.tossible, cause the report to be laid before the Legislative Asse:nbly. I CHAPTER I I I .... / Administration and Establishment. 1 /