Section 19: Raising of funds
consolidated text (as at 2004, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
19. Raising of funds
(1) Subject to the approval of the Minister, the Authority may, for the
purposes provided in section 18, raise funds on such terms and conditions as
the Board may determine by—
(a) negotiations of loans within or outside Mauritius; or
(b) the issue of debentures.
(2) The Authority may secure the repayment of any funds raised under
subsection (1) by a charge or mortgage over the assets as the Board may,
with the approval of the Minister responsible for the subject of finance,
determine.