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Section 26

Section 26. Other funds of the Authority

26. Other funds of 1[the Authority].- (1) 2[The Authority] shall also have another fund to be called "the 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 3[the Authority] by way of loans. (2) Without prejudice to the provisions of section 25 or sub-section (1) of this section, 4[the Authority] may, with the previous approval of the State Government constitute such other funds as may be necessary for the efficient performance of duties and discharge of its functions under this Act.

1Superscript markers show text inserted or substituted by a later amendment. The Act carries the markers without the footnotes they refer to, so they are shown without a target.