38. Order of the Bank upon examination under section 37
Where, upon any examination made under section 37, it appears to the Bank that any sum, being either the whole or any part of the loan made or guaranteed by the Bank, has not been applied to the purpose for which the loan was made, the Bank may order that such sum be, within the time mentioned in the order, applied to such purpose or, that such sum, together with any interest due thereon on the date of the order, be repaid to the Bank within the time mentioned in the order, and any sum with the interest thereon so ordered to be repaid to the Bank shall thereupon become a debt due to the Bank.