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29/09/2023
Laws of Bangladesh

The Town Improvement Act, 1953 (East Bengal Act)

( ACT NO. XIII OF 1953 )

Chapter VI

FINANCE

Loans

Application of borrowed money
106. When any sum of money has been borrowed under section 104 or section 105 for the purpose of meeting particular expenditure or repaying a particular loan, no portion thereof shall be applied to any other purpose without the previous sanction of the Government.

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