The Inland Waterways Authority of India Act, 1985 · V — FINANCE, ACCOUNTS AND AUDIT

Section 18. Grants and loans by the Central Government

In force · As amended up to 2026-08

18. Grants and loans by the Central Government.— The Central Government may, after due appropriation made by Parliament by law in this behalf, make to the Authority grants and loans of such sums of money as that Government may consider necessary. 1[18A. Borrowing powers of the Authority.— The Authority may, in such manner and subject to such terms and conditions as may be determined by regulations, borrow money from any source by the issue of bonds, debentures or other instruments as it may think fit for discharge of all or any of its functions under the Act.]

Source: India Code