The Meghalaya Agricultural Produce Market Act,1980 (Act No.1 of 1981)
Section 8. Power to borrow and maintenance of funds and accounts.
(1) The Board shall have its own fund into which all moneys received by it shall be paid and from all expenditure incurred shall be defrayed.
(2) The Board may, with the previous sanction of the Government, raise money required for carrying out of the purposes for which it is established on the security of any property vested in it.
(3) The accounts of the Board shall be maintained in such form as the Government may prescribe.
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