Section 15: Exemption to banks from restrictions on acquisition of land in excess of ceiling

The Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972State Act of Himachal Pradesh · Act 7 of 1973

Nothing in any law for the time being in force placing a ceiling or limit on the holding of land shall apply to a bank acquiring a land in terms of section 14 and holding such land till such time the bank is in a position to sell the land in the manner provided in section 14 or otherwise, at a price which is adequate to cover its dues.

CHAPTER V FINANCING OF CO-OPERATIVE SOCIETIES BY BANKS

Where this provision sits

Act	The Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972
Section	15
Marginal note	Exemption to banks from restrictions on acquisition of land in excess of ceiling
Jurisdiction	State of Himachal Pradesh
Status	In force as published by the source

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