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The Chhatrapati Shivaji Maharaj Vastu Sangrahalaya Act, 1909 and.

Section 7. Mortgage of immoveable property or, revenues.

(1) The Board may borrow or reborrow any such sum as aforesaid from any person on the security of any immoveable property vesting in them other than the property mentioned in the proviso to Section 3 or of their revenues or of both of these securities. (2) For the purpose of securing the repayment of any sum so borrowed with interest thereon they may mortgage to the person by or on behalf of whom such sum is advanced any such immoveable property or revenues of both of these securities.

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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