If any money lender or accredited loan provider or his agent takes from a borrower at the time of advancing a loan or deduct out of the principal any salami, batta, dharmada or other extraction of similar nature by whatever name called, he shall be punishable with fine which may extend to twenty thousand rupees.
Section 21: Penalty for salami, batta, dharmada, etc
The Goa Money Lenders and Accredited Loan Providers Act, 2013.State Act of Goa · Act 23 of 2013
Where this provision sits
| Act | The Goa Money Lenders and Accredited Loan Providers Act, 2013. |
|---|---|
| Section | 21 |
| Marginal note | Penalty for salami, batta, dharmada, etc |
| Jurisdiction | State of Goa |
| Status | In force as published by the source |
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