Bare ActsThe Kerala State Co-operative Agricultural Development Banks Act, 1984 (Act 20 of 1984)

Section 50

Power to make rules

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

Power to make rules.-(1f The Government may, by notification in the Gazette, make rules to carry out all 'or any of the purposes of this Act. . (2) In particular, and Without prejudice to the generality of the foregoing power, such rules may provide for the following matters, namely :- (a) the form of declaratiOn under section 10; (b) the form of notxce under sectiOn 12; (c) manner of effecting distraint; (d) custody, preservation and sale of distramed properties; (e) deduction from the sale proceeds under st::ction 32; . (f) ill'V"estigation of the claims by persons other than the defaulter to any right ·or interest m distramed properties and .for the postponement of the sale pendmg such investigatiOn; (g) immediate sale of perishable articles; (h) fixing the rates of deduction on account of the cost of sale of distrained properties; (i) proclamation and conduct of sales , • (j) recovery of the ·expenses of proclam:ttion r. nd sale; (k) deposit of the purchase money; • (I) the re-sale of the property If the purchase money is not deposited· (m) the representation of primary agricultural credit 11oeieties and mdividu&ls m the committees of primary hanks; - (n) the registration of claims m respect of property mortgaged to the AgriculturaJ. Development Bank or a primary bank; (o) any other matter reqmred or allowed by this Act to be prescribed. .. 156 (3) Every rule made under thts Act shall be laJd, as soon as may be after It Is made, before the Legislative Assembly while ~ it Is m session, for a total per1od of tourteen days which may be • ~ comprised m one sessiOn or in two successive scsswns, and u, before the exp1ry of the sesswn in whtch It is so laJd or the sessiOn immediately followmg the Legislative Assembly makes any modi- fication m the rule or decides that the rules should not be made, the rule shall thereafter hav~:- effect only in such modified form or be of no effect, as the case may be, so however that any such modi- ficatiOn or annulment shall be without prejudice to the vahdtty of anything prevwusly done under that rule.

Section 50 – The Kerala State Co-operative Agricultural Development Banks Act, 1984 (Act 20 of 1984) | DailyLaw.ai