15. Borrowing powers
The Authority may, with the approval of the Governor ¾
(a) borrow money for the purposes of this Act, and may issue debentures charged on the property and revenues of the Authority to secure the repayment of such money with interest; and
(b) form a sinking fund to liquidate any such loan, and apply its revenue to the contributions to such fund.
[Section 15 amended by No. 6 of 1990 s.10.]