Amendment status not verified — confirm the current text below against the official source.
Recovery of sums due to the Land Development Bank.- (1) Without prejudice to any other mode of recovery which is being taken or may be taken, any sum due to Land Development Bank may be recovered as if it were an arrear of land revenue and for the purposes of such recovery the Registrar shall have the powers of a Collector under the Puducherry Revenue Recovery Act, 1970 (Act No. 14 of 1970). (2) Where any sum due to Land Development Bank is recoverable from any debtor and the immovable property of such debtor is brought to sale and the land development bank is the purchaser at such sale, the provisions of section 36 of the said Act shall apply thereto as if for the clause (iii) thereof, the following clause was substituted, namely.- "(iii) The sum due to the purchase shall be set off, in whole or in part, against the purchase money and the remainder, if any, of the purchase money shall be paid to the Collector or other officer empowered by the Collector in that behalf within thirty days of the date of Sale".