Section 7: Borrowing power.

(1) The Bank may with the approval of the Minister borrow by way of loan from any sources any moneys required by the Bank for meeting its obligations and discharging the functions of the Bank under this Act.
(2) The Bank shall also have power to secure the repayment of any money borrowed by the Bank in such manner as the Bank shall think fit, and in particular, by the issue of debentures charged upon all or any of the Bank's properties; and shall also have powers to purchase, redeem and pay up any such securities.
(3) The Bank shall have power to receive grants, loans and advances and other moneys on deposits or otherwise from the Government, the Central Bank and any other commercial bank within the meaning of the Banks and Other Financial Institutions Act, and also the public in general under such conditions as may be approved by the Minister.
(4) The Government may guarantee in such manner and upon such terms and conditions as it may think fit the redemption and the repayment of any interest on any debenture stocks issued by the Bank on temporary loans raised by the Bank.