21.
| (1) It shall be lawful for the Board, subject to the approval of the Minister, to borrow from the Government or any person or persons such sum or sums of money as may be necessary for any of the purposes of the Board. |
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| (2) Every loan raised by the Board shall be subject to such rate or rates of interest and to such conditions for the repayment thereof as may be approved by the Minister. |
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| (3) For the purpose of securing the repayment of the sum or sums borrowed by the Board and interest accruing thereon, the Board may mortgage and assign to the lender or lenders by or on whose behalf such sum or sums or any part thereof may be lent, the proceeds of rates or taxes levied or imposed under this Act or any portion thereof, or any property belonging to the Board or any other source of income accruing to the Board excluding the money specially voted by the Government under the Anuradhapura Preservation Scheme. |
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| (4) All securities given in respect of loans under this Part shall be free of stamp duty. |
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Sri Lanka Consolidated Acts