Section 8: Power to Borrow. (Amended by Section 7 of the National Sugar Development Council (Amendment) Act, 2015)

(1) The Council may, with the consent of the Secretary or in accordance with any general guidelines as may be approved by the President, borrow by way of loan or overdraft from any source any money required by the Council for meeting its obligations and discharging its functions under this Act so however that where the sum or the aggregate of the sum involved at any one time does not exceed one third of the Council's income no such consent or authority shall be required.
(2) The Council 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 of the Secretary or in accordance with any general guidelines approved by the President.
(3) The Council may invest any surplus of the Council in such securities as may be approved by the President.