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[Cites 0, Cited by 0] [Section 90] [Entire Act]

State of Maharashtra - Subsection

Section 90(2) in The City of Nagpur Corporation Act, 1948

(2)When any sum of money has been borrowed under subsection (1),-
(i)no portion thereof shall, without the previous sanction of the State Government, be applied to any purpose other than that for which it was borrowed; and
(ii)no portion of any sum of money borrowed under clause (i) of sub-section (1) shall be applied to the payment of salaries or allowances of any municipal officers or servants, other than those who are exclusively employed upon the works for the construction of which the money was borrowed :
Provided that with the previous sanction of the State Government, part of the salaries or allowances of any municipal officer or servant employed in part upon the construction of such work may be paid out of the sum so borrowed.