GHANA WATER AND SEWERAGE CORPORATION ACT - 1965 (ACT 310)

    Section - 8 - Borrowing Powers.

    (1) The Corporation may obtain loans and other credit facilities on the guarantee of the Government from the National Investment Bank or from such other Bank as the Minister responsible for Finance may approve.

    (2) Apart from the powers of the Corporation under subsection (1) of this section, the Corporation may, with the prior approval of the Minister responsible for Finance, borrow money from any other source.

    (3) For the purposes of any technical arrangements in connection with the raising of any loan under subsection (2) of this section, the Corporation shall, if the National Investment Bank agrees, use the services of that Bank.