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Section 42

Power to borrow moneys

of Town and Country Planning Act 1976

ActIn forceProvision 64 of 82
Section 42

The local planning authority may, with the approval of the

Menteri Besar or Chief Minister, but subject to the Public

Authorities (Control of Borrowing Powers) Act 1961 [Act 383], borrow such sums of money as are necessary for financing the development of a development area.