Amendment status not verified — confirm the current text below against the official source.
(1) The Corporation shall have the authority to spaad such sums as k -al:lum thi& -fit for the purpwosauthorised uodsr this Act from out of thc general fvnd hmfm4 of tho Corporation &erred to in rstion PO or from tho ro!errc and other fund. referred to in seetion 24, as the ease may be. . (2j., without prejudi& to the generality of the power '~pnferred by sub-sectiou(i) the ,, ~orpoktion may . contribute sums. : as - it - thinks fit, towards expenditure inc* :or. to : be ' incurred by and local., :authoFim br. statutory public undertaking in the:perfo0~ce,.in relationto~any..of~.its.~dusW mthtes- or induslrial a m , of 'any,' .Gf:,@ii ,stat?~tov f ~ n c t i ~ n s 'of.'such-, authority- or undertaking; including e-diw" incuirad in " the aquid tion of land. - , , (3) The Corporation shU have authoritJ to advance loam, with or withoat d t y or interest, to its employess. THE bRISSA t NDUSTRI AL INFRASTRUCTURE DEVELUPMENT , , ? . , ,. -.'CORPORATION ACT, I980 ; , , , i - ' . , . [Qrisbs Act '1 of 19811 a : , , (Sees. 26-29) Budget a d