# The Tea Act, 1953, Section 28: Borrowing powers of Board

- Act: The Tea Act, 1953 (Act 29 of 1953)
- In force from: 1956-04-01
- Ministry: Ministry of Commerce and Industry
- Source URL: https://indiacode.ecourtsindia.com/tea-act-1953/section/28/

## Text

Subject to such rules as may be made in this behalf, the Board shall have power to borrow on the security of the Fund or any other asset for any purposes for which the Fund may be applied.

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Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.