25.
| (1) The Board may, with the concurrence of both the Minister and the Minister of Finance, or in accordance with the terms of any general authority given with like concurrence, borrow, by way of overdraft or otherwise, or negotiate and obtain on credit terms, such sums as the Board may require for meeting the obligations of the Board or carrying out its objects: |
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| (2) The Board may, with the consent of the Minister given with the concurrence of the Minister of Finance, borrow money otherwise than by way of temporary loan under sub-section (1) for all or any of the following purposes: -
| | (a) the provision of money for any expenses incurred with any work involving the initial establishment, operation and maintenance of any apparatus or equipment required for the Board; | | |
| | (b) the requisition or acquisition of any movable or immovable property required for the business of the Board; | | |
| | (c) the repayment of any money temporarily borrowed under sub-section (1). | | |
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Sri Lanka Consolidated Acts