6. Section 13 of the principal enactment is hereby amended by the repeal of paragraphs (a) and (b) of that section and the substitution of the following paragraphs therefore:-
"(a) to grant loans or financial assistance to any individual, company, partnership, any institute of the Housing Finance Corporation for housing purposes. |
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(l) to borrow and raise money on such terms and conditions as may be determined by the Monetary Board or on any direction given by the Monetary Board". |
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