The Meghalaya Transfer Of Land Regulation Act, 1971 Act No.12 Of 1971State Act of Meghalaya · Act 12 of 1971
Nothing contained in this Act shall apply to-
(a) any transfer of land as security for any loan granted by any banking company, co-operative society or other credit institution which the Government of Meghalaya may, by notification, specify in this behalf;
Provided that a banking, company, co-operative society or other credit institution as notified above by the Government of Meghalaya shall not transfer any land to a non-tribal except with the previous sanction of the competent authority as provided in section 3;
(b) the letting out on rent of any building standing on land;
(c) any transfer of land to, or in favour of, Government or District Council.
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