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[Cites 0, Cited by 0] [Section 28] [Entire Act]

Union of India - Subsection

Section 28(1) in The Industrial Reconstruction Bank Of India Act, 1984

(1)To the Reconstruction Assistance Fund shall be debited--
(a)such amounts as may from time to time be disbursed or spent under section 27;
(b)such amounts as may be required for discharging the liabilities in respect of loans received for the purposes of that Fund;
(c)any loss arising on account of investment made out of that Fund; and
(d)such expenditure arising out of, or in connection with, the administration and application of the Fund as may be determined by the Board.