HARYANA GAZ . (EXTRA) FEBRURARY 15 , 1973

HARYANA GAZ . (EXTRA) FEBRURARY 15 , 1973 (MAGHA 26, 1894 SAKA) PART-III HARYANA GOVERNMENT HOUSING DEPARTMENT NOTIFICATION The 15th February, 1973 No. G.S.R. 24 / HA –20 / 71 / S . 73 / 73 -In exercise of the power conferred by sub-section (1) of section 73 of the Haryana Housing Board Act, 1971, and all other powers enabling him in this behalf and which reference to Haryana Government, Housing Department, t, notification No. G . S.R . 13 / H.A . 20 / 71S . 73 / 73 dated the 24th January, 1973, the Government of Haryana hereby make the following rules, namely:- These rules may be called the Housing Board, Haryana (Borrowing of Loans) Rules, 1973 . In these rules, unless the context otherwise requires- (a) ' Act' means the Haryana Housing Board Act, 1971; (b) ' Board' means the Housing Board Haryana; (c) ' Form ' means a Form appended to these rules; (d) ' Fund' means the Housing Board Fund; (e) 'Government' means the Government of the State of Haryana . (f) 'Loan' means a sum of money obtained on returnable basis by issue of debentures or otherwise. (1) In order to carry out the purposes of the Act, t, the Board may borrow moneys from the Government or such other agencies as are approved by the Government. The Board shall not borrow any sum in excess of the limit determined by the Government from time to time. Where the repayment of the loans borrowed by the Board are to be granted by the Government, the loans shall be obtained at such rate of interest and no such terms and conditions as may be approved by the Government. (1) The Board may, with the previous sanction of the Government, borrow money by issuing debentures . The total amount of debenture to be issued price from the debenture, and the date of maturity, shall be determined by the Board, from time to time, w

Text

Rule TOC