Bare ActsThe Assam Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977

Section 3

Amendment status not verified — confirm the current text below against the official source.

Notwithstanding anything contained in any law for the time being in force or any custom or tradition , it shall be lawful for an ag­ riculturist whose rights of alienation of land or of any interest therein are restricted to alienate the land or his interest therein, including by creation of a charge or mortgage on such land or interest in favour of a bank for the purpose of obtaining financial assistance from th at bank subject to res­ trictions imposed on disposal of such land in section 4. State Gover-

Section 3 – The Assam Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977 | DailyLaw.ai