131. The following new section is hereby inserted immediately after section 174, and shall have effect as 174A, of the principal enactment: -
| 174A. If the Council fails to sanction the raising of a loan for the purpose of fulfilling any duty imposed on the Council or carrying out any work, which the Chairman considers to be necessary, the Chairman may, with the approval of the Commissioner, raise such loan and may exercise all the powers vested in the Council under the provisions of sections 173 and 174 as though such powers were conferred by those sections on the Chairman.". |
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Sri Lanka Consolidated Acts