Amendment status not verified — confirm the current text below against the official source.
26. Other funds of 1 [the Authority].- ( 1 ) 2 [The Authority] shall also have another fund to be called "the Loan Fund", which shall also be deemed to be a local fund and to which shall be credited all moneys received by or on behalf of 3 [the Authority] by way of loans. ( 2 ) Without prejudice to the provisions of section 25 or sub-section ( 1 ) of this section, 4 [the Authority] may, with the previous approval of the State Government constitute such other funds as may be necessary for the efficient performance of duties and discharge of its functions under this Act.