26C   Purposes for which money may be borrowed

(1)  The Corporation may from time to time, with the approval of the Governor given on the recommendation of the Minister and with the concurrence of the Treasurer, borrow money for:

(a)  the purpose of the exercise or performance of any of the powers, authorities, duties or functions of the Minister, Commissioner or Corporation conferred or imposed by or under this Act,

(b)  the renewal of loans,

(c)  the discharge or partial discharge of any loan or any indebtedness to the Treasurer or to any bank, building society or credit union or to any person or body referred to in section 26B (1), or

(d)  any other purpose of this Act.

(2)  The Fourth Schedule has effect with respect to loans.