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Section 161 - Cessation of Borrowing by Secretary of State in Council in Government of India Act, 1935 [Repealed]

snapp 161 GOIA[ 1935 0 Notes

Cessation of Borrowing by Secretary of State in Council.

1[161. Cessation of Borrowing by Secretary of State in Council

Upon the commencement of Part III of this Act all powers vested in the Secretary of State in Council of borrowing on the security of the revenues of Indiashall cease and determine, but nothing in this section affects the provisions of Part XIII of this Actwith respect to borrowing in sterling by the Secretary of State.

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1. Omitted, by the India (Provisional Constitution) Order, 1947.

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