Jute Manufacturers Development Council Act : Borrowing powers of the Council. Indian Bare Acts :

Jute Manufacturers Development Council Act,1983

Act No : 27

Section : Borrowing powers of the Council.

11. Borrowing powers of the Council. Subject to such rules as may be made in this behalf by the Central Government, the Council shall have the power to borrow on the security of the Jute Fund or any other asset for carrying out the purposes of this Act.