Amendment status not verified — confirm the current text below against the official source.
It Ihe Director, afkr any inspection provided for in section 26, js not satisfied that the money lent is being applied to lhc purpose or purposes for which the loan was granted or that the conditions on which [he loan was- granted are being duly fulfilled, he may declare. notwithstanding anything contained in the deed executed under section 21 that the loan is immediately repayable and shall give notice of such declaration to the borrower.