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Part IV · Part iv..

15. Borrowing powers of the Authority

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Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The Authority may, with the consent of the Minister or in-accordatice with the terms of any genéral authority given by him, borrow temporarily, by way of overdraft or otherwise, such sums as the Authority may require ‘for meeting the obligations of the Authority in discharging its duties under this Act :

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Provided: that the aggregate of the amounts outstanding in respect of any temporary: loans.raised by the Authority under this section shall. not:at any time exceed such ‘sam as may be determined by ‘the Minister in consultation with the Minister in charge of the: subject of Finance.

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