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

Section 4

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

Notwithstanding anything contained in any law nm en t m*y fo r the time being in force, the State Government may, tiorTreit agri-by notification in the Official Gazette veit any class or eu ltnristj n ot classes of agriculturists not having rights of aliena- h*vin j »li»n-tion in land or any interest therein, with rights of able right! alienation including the right to create a charg« or rights.SUCh m o r t8a gc ’ on s u c ^ land or interest in fav our of bank for the purpose of obtaining financial assis­ tance fro m that bank subject to such restrictions as may be specified in the notification. Cha rge o» crsp and ot he r m«v- able pr o­ pe rty in fav our of a bank-

Section 4 – The Assam Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977 | DailyLaw.ai