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Section 33: Power to impose conditions for accommodation.

The National Bank for Agriculture and Rural Development Act, 1981Central Act · Act 61 of 1981

In entering into any transaction [under this Act with a borrower], the National Bank may impose such conditions as it may think necessary or expedient for protecting the interests of the National Bank.

Where this provision sits

ActThe National Bank for Agriculture and Rural Development Act, 1981
Section33
Marginal notePower to impose conditions for accommodation.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted. . Subs. by s. 19, ibid., for "under this Chapter with a borrowing institution" (w.e.f. 1-2-2001).

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