The time for the repayment of
any money borrowed under section 126 shall in no case exceed sixty years and the time for repayment of
any money borrowed for the purpose of discharging any previous loan shall not, except with the express
sanction of Central Government, extend beyond the unexpired portion of the period for which such
previous loan was sanctioned.
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Section 127
Time for Repayment of Money Borrowed Under Section 126.
The New Delhi Municipal Council Act, 1994