Amendment status not verified — confirm the current text below against the official source.
(J) between the words ‘to’ and ‘a Mortgage Bank’ the words ‘the Central Mortgage Bank or ’ shall be inserted ; (2) between the words ‘by’ and ‘the’ the words ‘the Board or’ shall be inserted and the words ‘of the Mortgage Bank’ occurring after the word ‘Com mittee’ shall be deleted ; (3) between the words ‘determined by’ and ‘the’ the words ‘the Board or’ shall be inserted ; (4) in the Explanation, between the words ‘ the’ and ‘Mortgage Bank’ the words ‘Central Mort gage Bank or the’ shall be inserted. Amendment 10, In section 23 of the piinc ipa l Act,— 23 of Assam (1) for sub-section (1), the following shall be Act I of substituted, namely: — 1961, “ (1) Th e Trustee may direct the Board or the Committee, and the Board may direct the Committee to take action against a defaulter under section 8, section 11 or section 12 and if the Board or the Committee neglects or fails to do so, the Trustee or the Board may take such actio n.” ; (2) in sub-section (3),— (a) between the words ‘to’ and ‘Mortgage Bank’ the words ‘the Central Mortgage Bank or the’ shall be inserted ; (b) for the word ‘its’ occurring between the words ‘to’ and ‘Com mittee’ the words ‘the Board or the’ shall be substituted. Amencln ent of Section 25 of Assam Act I of