Section 2
of Loan Financial Source Enactment 1976
State EnactmentIn forceProvision 2 of 6
Section 2
The State may subject to the provisions of this Enactment in such manner and subject to such conditions as may be specified by the Federal Government borrow moneys for a period not exceeding five years from a bank or other financial source approved for that purpose by the Federal Government.
Loan to be charged to the State Consolidated Fund.