INDIA CODE

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Section 2, Interest Act (Amendment) Act, 2007 [S23-9P7]

As at 7 September 2026. In force from 10 February 2007.

In Interest Act (Amendment) Act, 2007 [A11-BF8]. This text from 10 February 2007. No other text held.

Synthetic. This instrument and its words are generated by the register.

Cite: Section 2, Interest Act (Amendment) Act, 2007 [S23-9P7]. Machine: S23-9P7.

2. Amendment of section 18.—In section 18 of the Interest Act, 1978 (14 of 1978) (hereinafter referred to as the principal Act), for the words "twenty-five thousand rupees", the words "one lakh rupees" shall be substituted.

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Section 2, Interest Act (Amendment) Act, 2007 [S23-9P7]