¹[Subject to the provisions of Part XIII of this Act with respect to borrowing in sterling], the executive authority of the Federation extends to borrowing upon the security of the revenues of the Federation within such limits, if any, as may from time to time be fixed by Act of the Federal Legislature and to the giving of guarantees within such limits, if any, as may be so fixed.

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