Bare ActsThe Oil Industry (Development) Act, 1974

Section 19

Power to borrow.

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

Subject to such rules as may be made in this behalf, the Board shall have the power to borrow on the security of the Oil Industry Development Fund or any other asset for carrying out the purposes of this Act.

Section 19 – The Oil Industry (Development) Act, 1974 | DailyLaw.ai