Section 12: Borrowing Powers.

(1) The Board may, with the consent or in accordance with any specific authority given by the president, borrow by way of loan or overdraft from any source, such specified amount of money as may be required by the Agency for meeting its obligations and discharging its functions under this Act.
(2) The Board may subject to the provisions of this Act and the conditions of any trust created in respect of any property, invest all or any of its funds with the consent or general authority of the President
(3) The Board may invest any surplus funds of the Agency in securities as prescribed by the Trustee Investment Act or such other securities as may, from time to time, be approved by the President.
(4) Subject to the provisions of the land use Act and any special or general direction which the President may give in that behalf, the Agency may acquire or lease any land required for its purpose under this Act.