Amendment status not verified — confirm the current text below against the official source.
Nothing in any law for the time being in to banks fo rc e placing a ceiling or limit on the holding of ct^ s^on sha’l apply to a bank acquiring land in term s acquisition of section 14 and holding such land till such time of la nd in the bank is in a position to sell the land in th e excess of manner provided in section 14 or otherwise, at a ceiling. price which is adequate to cover its dues. CHAPTER V FINA NC ING OF CO -OPERA TIVE SOCIETIES BY BANKS ble'^o^be- Notwithstanding anything contained in the come mem-Assam Co-operative Societies Act, 1949 (Act lo f’ be r of a Co-1950) or any law for the time being in force, it operative shall be lawful for a bank to become a member o c ie ty - o f a Co-operative Society. Power to Co-