PTI Act 67Chapter VII · Chapter VII
Section 67 · Power of trust to borrow money
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- A trust under this Act shall be deemed to be a local authority under the Local Authorities Loans Act, 1914 [9 of 1914], for the purpose of borrowing money under that Act and the making and execution of any scheme under this Act shall be deemed to be a work which such local authority is legally authorised to carry out.
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