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Section 36: The Central Provinces Co-operative Land Mortgage Banks Act, 1937 (I of 1937) Section 1

The Madhya Pradesh Extension of Laws Act 1958State Act of Madhya Pradesh · Act 23 of 1958

(1) In sub-section (2), for " Mahakoshal region" substitute "Madhya Pradesh".

(2) For sub-section (3), substitute-- "(3) The provisions of this Act, except Chapter VI, shall be in force in the Mahakoshal region and shall come into force in any other region of the State on such date as the State Government may, by notification in the Official Gazette, appoint."

Section 44- For "the Mahakoshal region" substitute "the State" and for "the Mahakoshal Cooperative Bank, Limited" substitute "the Madhya Pradesh Co-operative Bank, Limited."

18 Section 45.- For " Mahakoshal Central Land Mortgage Bank, Limited" substitute "Madhya Pradesh Central Land Mortgage Bank, Limited."

37. The Central Provinces and Berar Famine Relief Fund Act, 1937 (III of 1937) Section 1- For sub-sections (2) and (3), substitute-- "(2) It extends to and shall be in force in the whole of Madhya Pradesh."

Section 3- (1) For "this Act" substitute "the Madhya Pradesh Extension of Laws Act, 1958 (23 of 1958)."

(2) For "Mahakoshal region" substitute "Madhya Pradesh".

Section 4.- For Section 4, substitute-- "4. Investment in the securities of the Central Government.--

(1) The State Government shall, on the commencement of the Madhya Pradesh Extension of Laws Act, 1958 (23 of 1958), invest a sum of forty lakhs of rupees in the securities of the Central Government in the name of the Secretary to the Government of Madhya Pradesh, Finance Department.

(2) Such sum as may fall to the share of this State under Section 80 of the States Reorganisation Act, 1956 (37 of 1956) from and out of the investments made by the pre-Reorganisation State of Madhya Pradesh in the Famine Relief Fund of that State shall also be reinvested in the manner provided for in sub-section (1) and shall until so reinvested be taken into account for purposes of determining the balance under Section 7."

Section 5.-

(1) For "Mahakoshal region " substitute "Madhya Pradesh".

(2) For "forty-five" substitute "seventy-five".

Section 7-

(1) For "forty-five" substitute "seventy-five".

(2) For "four" occurring twice substitute "seven".

Where this provision sits

ActThe Madhya Pradesh Extension of Laws Act 1958
Section36
Marginal noteThe Central Provinces Co-operative Land Mortgage Banks Act, 1937 (I of 1937) Section 1
JurisdictionState of Madhya Pradesh
StatusIn force as published by the source

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