Article 166: Borrowing by Federal Government
The Constitution of the Islamic Republic of Pakistan · Constitution of Pakistan · PART VI · in_force
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The executive authority of the Federation extends to borrowing upon the security of the Federal Consolidated Fund within such limits, if any, as may from time to time be fixed by Act of [Majlis-e-Shoora (Parliament)], and to the giving of guarantees within such limits, if any, as may be so fixed.
Effective date: 1973-08-14
Related sections
Article 165A: Power of Majlis-e-Shoora (Parliament) to impose tax on the income of certain corporations, etc. (viii)Article 167: Borrowing by Provincial Government. Audit and AccountsArticle 165: Exemption of certain public property from taxationArticle 168: Auditor-General of PakistanArticle 164: Grants out of Consolidated FundArticle 169: Functions and powers of Auditor-General
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