NATIONAL FILM AND TELEVISION INSTITUTE ACT - 1978 (SMCD 151)

    Section - 10 - Borrowing Powers.

    (1) The Institute may obtain loans and other credit facilities, on the guarantee of the Government from such banks, other financial institutions, local authority or persons as the Commissioner responsible for Finance may approve.

    (2) The Institute may charge its assets, undertakings and income with the repayment of any money borrowed together with interest thereof and may do all such other things necessary in connection with or incidental to such borrowing.