The Town Improvement Act, 1953 (East Bengal Act)
Section 106Application of borrowed money
In force
Chapter VI FINANCE
Loans
s. 106
106. Application of borrowed money When any sum of money has been borrowed under section 104 or section 105 for the purpose of meeting particular expenditure or repaying a particular loan, no portion thereof shall be applied to any other purpose without the previous sanction of the Government.
Read the contents: The Town Improvement Act, 1953 (East Bengal Act)