Sanchitha
Published on Sanchitha (http://www.sanchitha.ikm.in)

Home > The Local Authorities Loans Rules, 1965 > 5. Works for which money may be borrowed etc.

5. Works for which money may be borrowed etc.

A local authority shall not borrow money nor shall it guarantee the payment of interest for any work which it is not legally authorised to execute under the provisions of law governing it.

Developed and Maintained by Information Kerala Mission, Network Services by State e-Governance Data Centre


Source URL: http://www.sanchitha.ikm.in/node/128