State Act
22
Section 22. Power to impose conditions for loans.
The Punjab Backward Classes Land Development Act, 1976
Act no. 27 of 19761976In forcePunjab (State Act)
22. In making any loan authorised by this Act, the Corporation may impose such conditions as it may think necessary or expedient for protecting the interests of the Corporation: Provided that the rate of interest chargeable on such loans shall in no case exceed the rate of interest chargeable on the loans advanced under the Punjab State Aid to Industries Act, 1935.