Amendment status not verified — confirm the current text below against the official source.
[Notwithstanding anything contained in the Uttar Pradesh Co-operative Societies Act, 1965 and Uttar Pradesh Co-operative Lana Development Bank Act, 1964]2 or any other law for the time being in force and notwithstanding that any land or interest therein stands already charged or mortgaged to a co- operative society, it shall be lawful for an agriculturist to create a charge or mortgage on such land or interest therein in favour of a bank as security for any financial assistance given to the agriculturists by that bank. Priority of charges and mortgages in favour of Government a bank and a co- operative society