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22

Limited liability

Act: Baluchistan Irrigation and Drainage Authority Act 1997

Section Provisions

BALOCHISTAN IRRIGATION AND DRAINAGE AUTHORITY ACT, 1997 BALOCHISTAN IRRIGATION AND DRAINAGE AUTHORITY ACT, 1997 An Act to provide for streamlining the Irrigation and drainage system in the Province of Balochistan [Gazette of Balochistan, Extraordinary, 19th July, 1997] No.PAB/Legis.V(3)/97, dated 19‑7‑1997.‑‑The Balochistan Irrigation and Drainage Authority Bill, 1997 having been passed by the‑ Provincial Assembly on 7th July, 1997 and assented to by the Governor of Balochistan, is hereby published as an Act of the Provincial Assembly. CHAPTER V FINANCE 22. Limited liability.‑‑The liability of the Government to the creditors of the Authority shall be limited to the extent of grant made by the Government and the loans raised by the Authority with the sanction of the Government.