Amendment status not verified — confirm the current text below against the official source.
(1) The provisions of sections 8 to 1 f in cicdit wjlb Pe~peCt of loat1 s shall, subject to any rulas that Banks- may be made under this Act,apply,sofarasmay be, to guarantees of loan, cash credit, overdraft and fixed advanccs with a scheduled ~ a n k and to debenturc.~ issued to the pubIic. (2) Nothing in sub-section (I) shall apply to .an,y cottage industry for which I Statc-aid granted docs not exceed one thousand rupees in value or t o a small-scale industry ottur than a cottage industry for which tke State-aid grailted does -not cxccod five thousand rupees in value or to a'fi individual to whom thc State-aid granted for invost- ment in the share capital of a CO-operative society or a joint-stock company does not cxmed five hundred rupees. Termination oi state-aid.