Notification S.O. 3440(E), dated 6th December, 1986 [N12-39N]
As at 7 September 2026. In force from 6 December 1986.
S.O. 3440(E).—In exercise of the powers conferred by section 10 of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts co-operatives society whose the cultivation of land does not exceed five hundred rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Registrar in writing of the commencement of the cultivation of land within fifteen days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981) [S1R-ZRT]. Vires verified.
Acts on (1)
Exempts Section 4, National Bank for Agriculture and Rural Development Act, 1981 [S1R-ZJE], 6 December 1986. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none