State Act
15
Section 15. Exemption to banks from restrictions on acquisition of land in excess of ceiling.
the Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972.
Act no. 7 of 19731973In forceHimachal Pradesh (State Act)
15. Exemption to banks from restrictions on acquisition of land in excess of ceiling.-Nothing in any law for the time being in force placing a ceiling or limit on the holding of land shall apply to a bank acquiring a land in terms of section 14 and holding such land till such time the bank is in a position to sell the land in the manner provided in section 14 or otherwise, at a price which is adequate to cover its dues.