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[Cites 0, Cited by 0] [Section 52] [Entire Act]

State of Rajasthan - Subsection

Section 52(1) in Jodhpur Development Authority Act, 2009

(1)as a part of the Fund, the Authority shall establish in distinct Bank accounts Loans Fund for the purpose of (a) receiving all money borrowed by it including all repayments of loan instalments together with payment of interest made by the borrower on loans, (b) providing all moneys to be made available by the Authority as loans or advances to local authorities and other authorities or persons, (c) repayment of loans raised by the Authority for the purpose of this Act, and (d) expenditure on projects and schemes.