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Payment of Wages Act, 1936 Section 12A - Bare Act

State

Central Government

Year

Section Title

Deductions for Recovery of Loans

Act Info:



1 [12A. Deductions for recovery of loans

Deductions for recovery of loans granted under clause (fff) of sub-section (2) of section 7 shall be subject to any rules made by the State Government regulating the extent to which such loans may be granted and the rate of interest payable thereon.]

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1. Inserted by Act 53 of 1964, section 9 (w.e.f. 1-2-1965).




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