State Act

25

Section 25. Provisions of certain sections not to apply to loans made by company or unincorporated body exempted by Government.

THE KARNATAKA MONEY-LENDERS ACT, 1961

Act no. 12 of 19621962In forceKarnataka (State Act)

25. Provisions of certain sections not to apply to loans made by company or unincorporated body exempted by Government.— Nothing in sections 20 to 24 shall apply to loans advanced by any class of companies or unincorporated bodies which the State Government may by notification exempt from the operation of those sections.