Section 18
Power to borrow
of Sarawak Tourism Board (Incorporation) Ordinance, 1994
State OrdinanceIn forceProvision 18 of 23
Section 18
The Board may, from time to time, raise loans from the
Government under section 20 or, with the approval of the Minister, borrow, at such rate of interest and for such period and upon such terms as to the time and method of repayment and otherwise as the
Minister may approve, any sums required by the Board for meeting any of its obligations or discharging any of its duties.