Amendment status not verified — confirm the current text below against the official source.
(l) Notwithstanding anything contained in mo al!'c l c: h . b . . . Bank or of any aw 1or t e time emg In force, it the Central shall he lawful for a Mortg<lge Bank or the Central Mortgage Mortgage Bank to purchase any mortgaged property Bant to sold under this Act and the property so purchased Pt~~c a~ort· shall be disposed of by such Bank by sale within such gaged pro· period as may be fixed by the Trustee. perty at sale. IV of ( L. R's Library) ll (2) Nothing in the Assam Fixation of Ceiling on Land Holdings Act, 1956 fixing a maximum limit of A~safrn Act . 1 1 h Id' h ll 1 h · · · f l 0 l957 agncu rura o mg s a app y to t e acq u1smon o .-.--.-...._ land by a Mortgage J3ank or the Central Mortgage Bank under sub-section (I). Mortgai;es