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Bengal Presidency - Section

Section 25 in Calcutta Port Act, 1890

25. Power to borrow moneys for construction of works.-

It shall be lawful for the Commissioners in meeting, from time to time, to borrow moneys from the 1[Central Government] at such rate of interest and upon such terms as to the time of re-payment and otherwise as the 2[Cental Government] may approve, for the construction, equipment, maintenance and management of any works or arrangements sanctioned by the 3[Central Government] under this Act.