Bare ActsThe PAYMENT OF WAGES ACT, 1936

Section 12A

Deductions for recovery of loans

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

Deductions for recovery of loans granted under Cl. (fff) of sub-section (2) of Sec. 7 shall be subject to any rules made by 19A[the appropriate Government] regulating the extent to which such loans may be granted and the rate of interest payable thereon. Substituted by Act 41 of 2005 (w.e.f. 09/11/2005). Prior to the amendment it read as "the State Government"

Section 12A – The PAYMENT OF WAGES ACT, 1936 | DailyLaw.ai