GHANA RAILWAY CORPORATION ACT - 1977 (SMCD 95)

    Section - 11 - Borrowing Powers.

    (1) The Corporation may with the approval of the Commissioner responsible for Finance borrow money for the purpose of the discharge of all or any of its functions under this Decree.

    (2) The Corporation may charge its assets, undertakings and revenues with the repayment of any money borrowed together with interest thereon and may issue debentures, bonds or other securities to secure the repayment of any money so borrowed together with interest thereon and may do all such other things necessary in connection with or incidental to such borrowing.