Amendment status not verified — confirm the current text below against the official source.
Sanction of loans. - (1) The Collector may, subject to any general or special direction of the State Government sanction loans not exceeding such amount as may from time to time be fixed by the State Government ; and he shall forward to the Director, Relief and Rehabilitation with his remarks such applications as require loans exceeding the amount he is authorised to sanction. (2) The Director, Relief and Rehabilitation may, subject to any general or special direction of the State Government, sanction loans not exceeding such amount as may be fixed by the State Government. (3) The Director, Relief and Rehabilitation shall forward to the State Government with his remarks such applications as require loans exceeding the amount he is authorised to sanction and the State Government may, thereupon, sanction such amount of loan as they think fit. (4) Any sum assessed on a displaced person by the State Government out of the expenditure incurred by the State Government on reclamation of land, irrigation, health and sanction trade and business and establishment of colonies for the rehabilitation of displaced persons shall be deemed to be a loan sanctioned under this section.