LOANS ACT - 1970 (ACT 335)

    Section - 14 - Restriction on Prescribed Body Borrowing while a Guarantee is in Force.

    Without prejudice to the general effect of section 6 of this Act, during any period in which any guarantee or other undertaking given by the Bank in respect of a prescribed body remains in force under section 13 of this Act, that body shall not, except with the consent in writing of the Minister, raise any further loan requiring a guarantee by Government.