25. 1[Authority Fund.- 2[The Authority] shall have its own fund to be called "the 3[Authority] Loan Fund", which shall also be deemed to be a local fund and to which shall be credited all moneys received by or on behalf of 4[the Authority] by way of loans.
Source footnotes
1. These words were substituted for the word "Board" by Mah. 25 of 1997, s. 5.2. These words were substituted for the word "the Board" by Mah. 25 of 1997, s. 5.
3. These words were substituted for the word "Board" by Mah. 25 of 1997, s. 5.
4. These words were substituted for the word "the Board" by Mah. 25 of 1997, s. 5.
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Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Establishment of the Authority.Section 4 · Constitution of the Authority.Section 5 · Disqualification for being non-official Member.Section 6 · Term of office of Members.Section 6A · Temporary absence of Members.Section 7 · Other provisions regarding Members.India Code, Government of India. Text fetched 20 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.