Section 16: Power to borrow.

(1) The institutions may borrow, by overdraft or otherwise such sums as they may require for the performance their functions under this Act.
(2) The institutions shall not, without the approval of the Corps Marshal, borrow money which exceeds, at any time, the limit set by the Corps Marshal.
(3) Notwithstanding sub section (1), where the sum to be borrowed is in foreign currency, the institutions shall not borrow the sum without the prior approval of the Corps Marshal.