Amendment status not verified — confirm the current text below against the official source.
The '[State Government] may make rules not Power of , lriconsistent with this Chapter- State Government to make (i) for the due proclamation and corlduct of therules. sale ; (ii) for the recovery of the expenses of proclama- tion and sale; (iii) for the deposit of the purchase money; (iv) for the resale of the property, if the purchase money is not deposited ; and (v) generally for $arrying out the provision. ot' this Chapter. CHAPTER V. Jfiscellaneous. ¶[23-A. The mortgages executed in favour of, and Mortgages all other assets transfirred to, a ' [primary land in favour of development bank] by the members thereof shall, r[pr,,,ary with effect from the date of such execution or transfer, land deve- be deemed to have been transferred by such ~apn"~~''~,,., 'iprimary land development bank] to the 'I State to stand Land Development Bank]. *[State vested in Land Development Bank]. A. 1 The words " Provincia!~ovenunent " were substituted for the words " Local Government by the Adaptation Order of 1937 and theword "State" was substituted for " Provincial " by tho Adapta- tion Order of 1950. This section was inserted by section 4 of the Madras Co-operative Land Mortgage Banks (Amendment) Act, 1950 (Madras Act TX of 1950). - J m s oxpreesioa was substituted for the axpression mortgage bank" by section 4 of the Tamil Nadu Co-operative Land Mortgage Banks (Amendment) Act, 1969 Pamil Nadu Act 14 of 1969). 4 This expryion was substituted for the axpression " Central Mertp~o Bank by ibid. Co-operatfie Land [I934 ; T.N.' Act X Developinent Banks Powers of