Section 19
. Transfer of employees to the Authority
19 . Transfer of employees to the Authority
Transfer of emplJye<'s of local bodtcs tJ'the Author1ty
CHAPTER IV
PROPERTY, CONTRACT, FINANCE, ACCOUNTS AND AUDIT
Execution and registration of contracts etc.
Funds of Authority
General principles for the Authority's finance
. 24. Grants, subventions, capital contributions and loans to the Authority
Power of Authority to borrow
Deprt>ciation Reserve
Guarantee for loans