Loan (Local) Act 1957/Section 16Section 16of Loan (Local) Act 1957ActIn forceProvision 11 of 12Section 16(Deleted by Ord. No. 18 of 1958).Read in full context — Loan (Local) Act 1957 →←PreviousSection 12 · Sinking fundNextSection 17 · Power to issue Treasury Bills and to repay expenditure in respect thereof from loan→