Section 29: Power to borrow money
consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
29. Power to borrow money
The Authority may, with the consent of the Minister—
(a) borrow money in such manner as the Minister may determine and
subject to such conditions as the Minister thinks fit to impose;
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Revised Laws of Mauritius
(b) mortgage or charge its undertaking or property or any part of its
undertaking or property and issue debentures, stock or other securities as security for any debt, liability or obligation of the
Authority.
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PART VI – TRANSFER OF ASSETS AND LIABILITIES