Section 3: Admiss10n of land mortgage banks regzstered under the Madras Co-operative Soczettes Act, 1!132, as members of the CenLral Murtgage Bank
The Kerala Co-operative Land Mortgage Banks Act, 1960 (President's Act No.1 of 1960)State Act of Kerala · Act 1 of 1960
Notw1thst .ndmg anythmg contamed m the Travancore-Cochm Co-operative Societies Act, 1951, 1t shall be lawful for the Central Land Mortgage Bank, to adm1t as its member a co-operative land mortgage bank registered or deemed to be registered under•the Madras Co-operative Soc1et1es Act, 1932; and anv such admiss1on madP before the commence ment of this Act shall be deemed to have been lawfully made.
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