Amendment status not verified — confirm the current text below against the official source.
a. For section 3-D of the Tamil Nadu Co-operative Substitution Land Development Banks Act, 1934 (Tamil Nadu Act X of of new set- 1934) (herqinafter referred to as the principal Act), the tion for following section shall be substituted, namely :- section 3-D, Tamil Nadu Act X of 1934. &' 3-D. Purposes for which loans may be granted.- A primary land development bank or the State Land Development Bank may gIant loans for all or any of the following purposes, namely :- (a) development of agriculture including making land fit for cultivation, improvement of land, development of sources of irrigation ; (b) (i) animal husbandry, j (ii) pisciculture including fish catching, (iii) apioulture, (iv) sericultare * For Statement of Objects and Reasons, see Tamil Nadu Government Gazette Extraordinary, dated the 2 5t h Apri 1 1979, Part IV-Section 1, Pam 269. 125-10-63~ 99'5 ~agerative Land berelop b t [U79 :T. W. Act 35 ' Banks (Amendment) A l and all activities incidental or ancillary thereto ; (c) activities connected with processing, storage, transport and marketing of produce of agriculture, animal husbandry, pisciculture, apiculture and sericulture ; (d) purchase of tools, implements, machinery and eattle for use ~n any of the above purposes ; (e) such o t k purposes as the State Government may, by notification, specify in this behalf. I Explanation.-For the purposes of this section- I (a) ' agriculture ' includes horticulture, raising of crops (including plantation, treemps and garden pro- d ~ = ) , seed farm~ng and forestry ; and (b) ' animal husbandry ' includes cattle breeding, dairy fanning, piggery and poultry farming.".