State Act

16

Section 16. Power to exempt.

The Telangana Money Lenders Act, 1349 Fasli.

Act no. 5 of 13491349In forceTelangana (State Act)

12[16. The Government may by notification published in the 13Telangana Gazette and for reasons to be recorded therein, exempt any person or class of persons or any financial or banking institution or agency or any class of financial or banking institutions or agencies from all or any of the provisions of this Act or the rules made thereunder, subject to such conditions as the Government may deem fit to impose; and they may, likewise, vary or cancel such exemption.]