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[Cites 0, Cited by 0] [Section 9] [Entire Act]

State of Bihar - Subsection

Section 9(1) in The Bihar State Aid to Industries Rules, 1959

(1)For a loan to be given on the basis of security for a period exceeding one year the security may include-
(a)immovable properties;
(b)machineries of permanent or semi-permanent nature whose life is not less than the period of the loan;
(c)such bonds as may be considered suitable by Government for security.
The manner of regulating expenditure under the first proviso to Section 7(1)-