Notwithstanding anything contained in this Chapter, the
Municipality may, within the limits set by the comprehensive debt
limitation policy framed under section 141 from time to time, take
a short-term loan repayable within such period, not exceeding
twelve months, from any other scheduled bank, for such purpose,
not being a purpose referred to in sub-section (1) of section 142, on
such terms, and on furnishing such security for the repayment of
such loan, as may be approved by the State Government
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