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Commenced:
41. Loan money to be paid into a separate account---All money borrowed
by the Council on behalf of or for the purposes of the University, other
than money borrowed under section 51 of this Act, shall be paid into a
separate bank account in the name of the loan, and shall not be drawn
out of the bank or expended except for the special purposes for which it
was borrowed.
Cf. 1961, No. 50, s. 41
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