Section 2(7)(iii) in The Punjab Regulation of Accounts Act, 1930
(iii)a loan advanced by [the Central or any [State Government] [Substituted for the word 'Government' by the Government of India (Adaptation of Indian Laws) Order, 1937.]or by any local authorised by [the Central or any [State] [Substituted for the word 'Government' by the Government of India (Adaptation of Indian Laws) Order, 1937.] Government;