INDIA CODE

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Section 10, Usurious Loans Act, 1918 [S16-QP8]

As at 7 September 2026. In force from 14 January 1918.

In Usurious Loans Act, 1918 [A10-8D8]. This text from 14 January 1918. 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 10, Usurious Loans Act, 1918 [S16-QP8]. Machine: S16-QP8.

10. Power to exempt.—The Central Government may, if it is satisfied that it is necessary in the public interest so to do, by notification, exempt any class of secureds creditor from all or any of the provisions of this Act, subject to such conditions, if any, as may be specified in the notification.

Defined terms in this text (0)

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Made under this section, or naming it (1)

Notification S.O. 3247(E), dated 14th March, 1920 [N11-ECP], 14 March 1920, in force. Recital: "In exercise of the powers conferred by section 10 of the Usurious Loans Act, 1918 (10 of 1918), the Central Government, being satisfied that it is necessary in the public interest so to do"

Cited by (0)

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Not held (0)

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Duties published under this section (0)

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Section 10, Usurious Loans Act, 1918 [S16-QP8]