Bare ActsTrivandrum City Improvement Trust Act, 1960

Section 94

Diversion of borrowed money to purposes other than those first approved.--

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

Whenever any sum of money has been borrowed by the Board for the purpose of meeting particular expenditure or of repaying a particular loan, no portion thereof shall be applied to any other purpose without the previous sanction of the Government.

Section 94 – Trivandrum City Improvement Trust Act, 1960 | DailyLaw.ai