Amendment status not verified — confirm the current text below against the official source.
Until the hiring is terminated in the manner ereinafter provided, the following provisions shall ap- ply, namely:— (a) (b) (¢) (d) (e) The hirer shall pay punctually and without demand the instalments of rent and amount of interest specified in the order referred to in section 37. The hirer shall retain the machinery in his own possession in good and serviceable order and conditions and shall not, without the previous written consent of the Direc- tor, make any addition thereto or altera- tion therein, nor remove the machinery or any part thereof from the premises specifi- ed in the application for the supply thereof. The machinery shall remain the sole and absolute [property of the 2[Government]], and any transfer thereof or assignment of any right, title or interest therein or the creation of any mortgage encumbrance or any other charge thereon by the hirer shall be void as against the *[Central Government] unless ‘it has been made with the previous written consent of the Director. The machinery shall not be liable to dis- traint, attachment or sale by any process under anv law for the time being in force, otherwise than under this Act. The machinery shall bear a metal plate in the prescribed form, and any person who wilfully removes or defaces such plate shall 1Substituted for the words “Property of the Laocal Government” b;r the Government of India (Adaptation of Indian Laws) Order, 1937, :Sybstituted for the word “Crown” by the Adeptation of Laws Order,