Section 19: Power to borrow

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