37A. Borrowing powers of Board.—
1[37A. Borrowing powers of Board.—A Board may, with the consent of, or in accordance with, the terms of any general or special authority given to it by the Central Government or, as the case may be, the State Government, borrow money from any source by way of loans or issue of bonds, debentures or such other instruments, as it may deem fit, for the performance of all or any of its functions under this Act.]
1. Ins. by Act 53 of 1988, sec. 19 (w.e.f. 29-9-1988).