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State of Odisha - Section

Section 53 in The Orissa Housing Board Act, 1968

53. Subventions and loans to the Board.

(1)The State Government may from time to time make subvention to the Board for the purposes of this Act on such terms and conditions as they may determine.
(2)The State Government may from time to time advance loans to the Board on such terms and conditions not inconsistent with the provisions of this Act as they may determine.