Amendment status not verified — confirm the current text below against the official source.
(1) Every loan granted under this Chapter shall be made 1-epayable by instalments within such pcriod from the date of actual advance of the loan or, when the Ioan is advanced in instalments, from thc date of paymerlt of thc last instalment, and shall bear interest at such rate and payable in such manner as may be k e d by the order granting the loan. (2) Tbe period fwed as aforesaid s h d not exceed twerity years unlcss the State Government, by goneral or special order, otherwise dirccts. Power of S t a t e Govcrnrncnl i o mover 1~an.