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State of Haryana - Section

Section 23 in Haryana Urban Development Authority Act, 1977

23. Power of [Pradhikaran] [Substituted 'Authority' by Haryana Act No. 28 of 2019, dated 2.8.2019.] to borrow on advance money.

(1)The [Pradhikaran] [Substituted 'Authority' by Haryana Act No. 28 of 2019, dated 2.8.2019.] may, from time to time, borrow money by way of loans or debentures from such sources, other than the State Government, and on such terms and conditions as may be prescribed.
(2)The [Pradhikaran] [Substituted 'Authority' by Haryana Act No. 28 of 2019, dated 2.8.2019.] may advance money for residential, industrial or commercial purposes on such terms and conditions, as may be prescribed.