Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsBorrowing powers of the Authority
| 11. The Authority may, with the consent of the Minister, or In accordance with the terms of any general authority given by him, borrow temporarily, by way of overdraft or otherwise, such sum as the Authority may require for meeting the obligations of the Authority In discharging its duties under this Act: Provided that the aggregate of the amounts outstanding in respect of any temporary loans raised by the Authority under this subsection shall not at any time exceed such sum as may be determined by the Minister in consultation with the Minister in charge of the subject of Finance. |