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Chapter: | 1100
![]() | Title: | SOCIAL WORK TRAINING FUND ORDINANCE | Gazette Number: | 18 of 1999 |
| Section: | 9 | Heading: | Borrowing powers | Version Date: | 01/07/1997 |
Amendments retroactively made - see 18 of 1999 s. 3
The trustee may borrow such sums of money at such rates of interest and subject to such terms or conditions as the committee may direct for the furtherance of any of the purposes specified in section 4, and, with the prior consent of the Chief Executive, may charge the capital and assets of the fund as security for the repayment thereof.