Turf Development Act, 1957
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Temporary borrowing. |
11.—(1) The Board may borrow temporarily such sums as it may require for the performance of its functions. | |
(2) The Board shall not so exercise its powers that its total indebtedness in respect of temporary borrowing exceeds at any time such amount as may be authorised by the Minister with the approval of the Minister for Finance. | ||
(3) Section 58 of the Turf Development Act, 1946 (No. 10 of 1946), is hereby repealed. |