INDIA CODE

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Section 40, Revenue Recovery Act, 1890 [S14-WF6]

As at 6 September 2026. In force from 13 November 1892 by S.O. 2489(E) [N11-C30].

In Revenue Recovery Act, 1890 [A10-5XW]. This text from 13 November 1892. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 40, Revenue Recovery Act, 1890 [S14-WF6]. Machine: S14-WF6.

40. Prohibition of the enforcement of security interest without licence.—No person shall undertake the enforcement of security interest except under and in accordance with the conditions of a licence granted under section 41: Provided that nothing in this section shall apply to the enforcement of security interest undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

security interest: Section 2, Revenue Recovery Act, 1890 [S14V9P] (In this Act, unless the context otherwise requires,—): "security interest" means right, title or interest of any kind upon property created in favour of a secured creditor

security interest: 17 more definitions.

Made under this section, or naming it (0)

none

Cited by (0)

none

Not held (0)

none

Duties published under this section (0)

none

Section 40, Revenue Recovery Act, 1890 [S14-WF6]