Amendment status not verified — confirm the current text below against the official source.
In this Act, unless the context otherwise requires- (a) c~gricultural Imd' means land uscd for a.gricu1- ture or horticulture, not being land appurtenaxt to a residential building: I (b) 'agriculturist' meens a person who owns an I interest in agricultural :and, and who, by reason of such interest, is in possession of such land or is in receipt of * For Statement of Objects and Reasons, see Tamil Nadu Govern- ment Gazette Extraordinary, dated the 8th March 1975, Part IV- Section 1, Page 67. 1975 : T.N. Act 101 Indebted Agrioul turists 421 (Temporary Relief) the rents or profits thereof and shall include a lessee; but shall not inclube- (i) a firm registered under the Indian Partnership Act, 1932 (Central A d IX or 193 .), or a company as defined in the Companies Act, 1956 (Ctnlral Act 1 of 1956), or a corporation formed in pursuance of an Act of Parliament of the United Kingdom or of any specie1 Indian lzw, or (ii) any person who was asscssed to income-tax undcr the Income-tax Act, 1961 (Central Act 43 of 1961) or to agricultural income-tbax under the Tamil Nadu Agricultural Income-tax Act, 1955 (Tamil Nadu Act V of 1955) or to sales-tax und< r the Tamil Nadu General Sales Tdx Act, 1959 (Tamil Nadu Act 1 of 1959), or under the Central Sales Tax Act, 1956 (Central Act 74 of 1956) in any of the years 1971-72, 1972-73, 1973-74. Explanation.-Where a joint Hindu family or a tarwad, tavazh i, kutumba or kavaru is an 2,griculturist, every co-parcener or member of the tarwad, tavazhi, kutumba or kavaru, as the case may be, shall bc deemzd to be an agriculturist, provic'cd that he has not been assessed to incoms-tax or agricultural inccme-t::x or sales-tax in any of the years 1971-72, 1972-73, 1973-74; 1 (c) ' debt' means any sum of money which a person is liable to pay under a contract (express or impli~d) for consid.:ration received and includes rent in cash or kind which a person is liable to p-.y or deliver in respect of the lawful use and occupation of agricultural land. Explanation I.--For the purpose of this cl~.use, 6' ltnt " in rt lat ian to :-.gricul!ural land shall mean rent accrued due for the fasli yt ar cnding with t hc 30th June 1974 and for any pr~vio us fasli year. Explanation 11.-It is immaterial that the sum or produce is recoverable only by sale of prop-rty in enforcement of a mortgage or charge or that the contract was entered into by the person's predecessor-in-title or by the manager of the joint Hindu f,-mily or the ka.ranavan of the tarwad or tavazhi or the yajaman of the kutumba or kavaru of which such person was or is a member. 122 Indebted Agricu/turists [I915 : T.N. Act 16 (Temporury aelie,f) Exception.-'Debt' does not include- (i) rent or compensation for the use and occupation of house property ; I (ii) rent or compensation foi the use and occupation of immovable property (not being house property or agricultural land) accrued due after the date of the com- mencement of this Act ; I (iii) any liability arising oud of a breach of trust ; (iv) any liability in respect of maintenance; (v) any sum payable to the State or the Central Government or to any local authority, whether by way of revenue, tax, cess or loan or otherwise ; (vi) any sum payable to any co-operative society, including a land development bank, registered or deemed to be registered under the Tamil Nadu Co-operative Societies Act, 1961 (Tamil Nadu Act 53 of 1961), provided that the right of the society to recover the sum did not arise by reason of an assignment made subsequent to the 15th September 1974 ; (vii) wages or remuneration due as salary, or otherwise for service rendered : I (viii) any liability in respectlof any sum due to- (A) any banking company to which the Banking Regulation Act, 1949 (Central Act X of 1949) applies ; (B) the State Bank of India constituted under the State Bank of India Act, 1955 (Central Act XXIII of 1955) 1 (C) any subsidiary bank as defined in clause (k) of section 2 of the State Bank of India (Subsidiary %inks) Act, 1959 (Central Act 38 of 1959) ; (D) any corresponding new bank as defined in clause (d) of section 2 of the Banking Companies (Acqul- sition and Transfer of Undertakings) Act, 1970 (Central Act 5 of 1970) ; i (E!) the Agricultural Re-fin nce Corporation Limited, a company incorporated under the Companies Act, 1956 (Central Act 1 of 1956) ; 1975 : T.N. Act 101 indebted Agriculturtsts 428 (Tempor~ry Relief) (F) any other financial institution notified by the State Government in the Tamil Nadu Government Gazette ; (d) 'pay' with its grammatical variations, includes deliver ; (e) 'suit' or 'application' does not include an appeal from a decree or order passed in a suit or application or u, application for revision or review.