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Borrowing by Institute.
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2.—(1) The Institute may, with the consent of the Minister given with the concurrence of the Minister for Finance and subject to any conditions imposed by the Minister, borrow temporarily by arrangement with bankers such sums as it may require for the purpose of providing for current expenditure.
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(2) The Institute may, with the consent of the Minister given with the concurrence of the Minister for Finance and subject to any conditions imposed by the Minister, borrow, on the security of its own land and premises and without any guarantee by the Minister for the due repayment of any such borrowings, such sums as it may require for the purpose of purchasing capital equipment.
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