Section 5, Local Authorities Loans Act, 1914 [S16-CJ3]
As at 7 September 2026. In force from 21 November 1914 by S.O. 1558(E) [N11-DZS].
5. 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 6: 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 (0)
none
Made under this section, or naming it (0)
none
Cited by (1)
Section 24, Local Authorities Loans Act, 1914 [S16-D5C], 11 September 1914, Band A. "section 5".
Not held (0)
none
Duties published under this section (0)
none