Amendment status not verified — confirm the current text below against the official source.
(1) The Board may, subject to the approval Board to of the Trustee, make regulations not inconsistent with ma.kc Regu· the provisions of this Act and the rules made there- lal!ons . under for enabling it to discharge its functions under thi9 Act. (2) In particular, and without prejudice to the Jenerality of the foregoing power, such regulations may provide for all or any of the following matters, namely:- (a) fixing the period of debent1Jres and the rate of interest payable thereon ; (b) calling in debentures after giving notice to debenture holders ; (c) the issue of new debentures in place of deben- tun~s damaged or destroyed ; (d) converting one class of debenture into ano- ther, bearing a different rate of interest ; (e) the inspection of the account books and pro- ceedings of Mortgage Banks ; ( f) the submission of returns and reports by Mortgage Banks in respect of their transaction ; (g) the periodical settlement of accounts between Mortgage Bank and the payment of the amounts recovered by Mortgage Banks on mortgages transferred or deemed under the provisions of Section 21 to have been tn.nsforred to the Central Mortgage Bank; I~ (h) specifying the form in which applications to Mortg~ge Banks for loans should be made and for the valuation of the properties offered as security for such loans; (i) the investment of moneys realised from mort- gagor; and ( j) generally for any other matter in respect of which the Board s:onsiders provision should be made for the purposes of this Act. , (3) All such regulations shall be published in the official Gazette. ASSAM ACT No.II OF 1961 THE GAUHATI UNIVERSI fY (AMENDMENT) ACT, 1960 (As passed by the Assembly) Received the assent of the Governor on the 6th January 1961 [Published in the Assam Gazette, Extraordinary, dated the 10th January, 1961] An Act further to amend the Gauhati U niversiry Act, 1947 Preamble. WHEREAS it is expedient further to amend the Assam Act Gauhati University Act, 1947, hereinafter called the ~v; ol Principal Act, in the manner hereinafter appearing ; 4 • It is hereby enacted in the Eleventh Year of the Republic of India as follows :- Shon title.