Section 17: Power to borrow.

(1) The Commission may, with the consent of the President, borrow, on such terms and conditions as the Commission may determine, such sums of money as the Commission may require in the exercise of its functions under this Act.
(2) The Board shall not, without the approval of the President, borrow money which exceeds, at any time, the limit set by the President.
(3) Notwithstanding subsection (2) of this section, where the sum to be borrowed is in foreign currency, whether or not it exceeds the limit set by the President, the Board shall not borrow the sum without the prior approval of the President.