State Act

7

Section 7. Loan how repayable

THE UNITED PROVINCES REFUGEES REHABILITATION (LOANS) ACT, 1948

In forceUttar Pradesh (State Act)

7. Except, as provided in any bond executed by the borrower, the loan, together with interest, if any, due thereon, shall be repayable by annual installments as may be prescribed and the repayment of installment shall commence twelve months after the date of disbursement of the loan or after such longer period as the controlling authority may allow.