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Assam Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977 (Act No. VII of 1977).

Country/Territory
India
Territorial subdivision
Assam
Document type
Legislation
Date
1977
Source
FAO, FAOLEX
Long title
An Act to make provisions to facilitate adequate flow of credit for agricultural production and development through banks and other institutional credit agencies and for matters connected therewith and/or incidental thereto.
Subject
Agricultural & rural development
Keyword
Agricultural development Cooperative/producer organization Credit Subsidy/incentive Agricultural land
Geographical area
Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia
Entry into force notes
This Act enters into force on 15 June 1978.
Abstract

This Act, consisting of 30 sections divided into six Chapters and two Schedules makes provisions to facilitate adequate flow of credit for agricultural production and development through banks and other institutional credit agencies and for any related matters. Chapter 2 defines the rights of agriculturists to alienate land/interest in land in favour of banks; Chapter 3 establishes Charges and mortgages in favour of banks; Chapter 4 Arrangements for recovery of dues by banks; Chapter 5 Financing of co-operative societies by banks.

Full text
English
Website
www.lawsofindia.org