Section 3: Power of State Government to make rules for grant of loans and their recovery
The Himachal Pradesh Distressed Persons (Facilities for Loans) Act, 1976State Act of Himachal Pradesh · Act 18 of 1976
The State Government may, from time to time, by
1. For Statement of Objects and Reasons see the Rajpatra, Himachal Pradesh (Extra-ordinary), dated 8 th March, 1976, p. 833. For its Authoritative Hindi Text see the Rajpatra, Himachal Pradesh (Extra-ordinary), dated 25 th March, 1994, pp. 442-444.
THE HIMACHAL PRADESH DISTRESSED PERSONS (FACILITIES FOR LOANS) ACT, 1976 2 notification in the Official Gazette, make rules as to the grant of loans and their recovery to be made, to persons affected by distress caused by calamities, such as floods, epidemics, famine, earthquakes, land-slides, avalanches, snow-storms, hail-storms, fire, severe drought, excessive rains, wind storm, lightening and electric shock and locusts.
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