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The Local Authorities Loans Rules, 1965
(Published in Kerala Gazette No. 28 dated 20th July 1965) NOTIFICATION
G.O. MS. No. 588/65/HLD. Dated, Trivandrum, 7th July 1965.
SRO. No. 288/65 - In exercise of the powers conferred by S. 8 of the Kerala Local Authorities Loans Act, 1963 (30 of 1963), the Government of Kerala hereby make the following rules namely :-
RULES
- 1. Short title and commencement
- 2. Definitions
- 3. Limitation of borrowing power
- 4. Nature of the funds on the security of which a local authority may borrow
- 5. Works for which money may be borrowed etc.
- 6. Manner of application for permission to borrow money
- 7. Manner of making application for sanction to give guarantee
- 8. Inquiries to be made on applications
- 9. Rejection of application etc.
- 10.
- 11. Disposal of application **
- 12. Power of Government to grant urgent loans
- 13. Conditions relating to non-Government loans
- 14. Inspection of works etc.
- 15. Grant of Government Loans
- 16. Control and inspection of works and accounts
- 17. Procedure on attachment
- 18. Procedure in respect of unexpended balances of loans
- 19. Interest on Government loans
- 20. Repayment of Government loans
- 21. Accounts of Government loans
- 22. Sinking fund for non - Government loans
- APPENDIX I. Application for Loan
- APPENDIX II. Application for Permission to Guarantee Interest
- APPENDIX III
Contents
- 1. Short title and commencement
- 2. Definitions
- 3. Limitation of borrowing power
- 4. Nature of the funds on the security of which a local authority may borrow
- 5. Works for which money may be borrowed etc.
- 6. Manner of application for permission to borrow money
- 7. Manner of making application for sanction to give guarantee
- 8. Inquiries to be made on applications
- 9. Rejection of application etc.
- 10.
- 11. Disposal of application **
- 12. Power of Government to grant urgent loans
- 13. Conditions relating to non-Government loans
- 14. Inspection of works etc.
- 15. Grant of Government Loans
- 16. Control and inspection of works and accounts
- 17. Procedure on attachment
- 18. Procedure in respect of unexpended balances of loans
- 19. Interest on Government loans
- 20. Repayment of Government loans
- 21. Accounts of Government loans
- 22. Sinking fund for non - Government loans
- APPENDIX I. Application for Loan
- APPENDIX II. Application for Permission to Guarantee Interest
- APPENDIX III
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