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BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Complete Act

Title: THE BOMBAY NON

State: Maharashtra

Year: 1928

Preamble - THE ACT FOR AVOIDING WAGERS (AMENDMENT) ACT, 1865 Section 1 - Contracts declared null and void. No suit allowed on such contracts Section 2 - Nor for commission or brokerage, etc., in respect of agreements by way of gaming or wagering Section 3 - Payments for which guardian and personal representative not to be allowed credit Section 4 - Repeal and savings Section 5 - Number and gender

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Preamble

Title: THE BOMBAY NON

State: Maharashtra

Year: 1928

.....Order in Council. Amended by Bom. 6 of 1949. Adapted and modified by the Bombay Adaptation of Laws (State and Concurrent Subjects) Order, 1956. Amended by Bom. 29 of 1958. Adapted and modified by the Maharashtra Adaptation of Laws (State and Concurrent Subjects) Order, 1960. An Act to provide for the grant of loans by Government to non-agriculturists [2][for certain purposes] and for the recovery of such loans. WHEREAS it is expedient to provide for the grant of loans by Government to non-agriculturists [2][or certain purposes] and for the recovery of such loans in manner hereinafter appearing: [3]*** It is hereby enacted as follows: _________________ [1] For Statement of Objects and Reasons see Bombay Government Gazette, 1928, Pt V, p. 7 and for proceedings in Council, see Bombay Legislative Council Debates, 1928, Vol. XXII. [2] These words were substituted by Bom. 6 of 1949, Section 3. [3] The words beginning with the words "And whereas" and ending with the words "passing of this Act" were deleted by Bom. 29 of 1958, Section 3(1).

Bombay Non Agriculturists Loans Act, 1928 Complete Act

State: Maharashtra

Year: 1928

.....day of August 1927, to such persons as are referred to in section 3 for the purpose mentioned therein shall be deemed to be loans granted under this Act: SECTION 05: RECOVERY OF LOANS 7[* All loans granted or deemed to have been granted under this Act, together with all interest (if any) chargeable thereon, and costs (if any) incurred in making or recovering the same shall be recoverable at the direction of the Collector in any one or more of the following modes, namely:- (a) from the borrower- as if there were arrears of land revenue due by him; (b) from his surety (if any)- as if there were arrears of land revenue due by him; (c) out of the assets left by a deceased borrower or surety or out of the property comprised in a collateral security (if any)- according to the procedure for the realization of land revenue by the sale of a defaulter's moveable or immovable property other than the land on which that revenue is due; (d) if the loan is for the benefit of a house.; out of such house, - as if it were arrears of land revenue due in respect of the land on which the house stands. Explanation .- In this section "Collector" includes a Deputy Commissioner. SECTION 06: POWER TO.....

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Section 1

Title: Short title

State: Maharashtra

Year: 1928

(1) This Act may be called "The Bombay Non-Agriculturists Loans Act, 1928".

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Section 2

Title: Extent

State: Maharashtra

Year: 1928

[1][This Act shall extend to the whole of the [2][State of Maharashtra]. _________________ [1] This section was substituted for the original, ibid., Section 3 (2). [2] These words were substituted for the words "State of Bombay" by the Maharashtra Adaptation of Laws (State and Concurrent Subjects) Order, 1960.

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Section 3

Title: Purpose for which loans may be granted

State: Maharashtra

Year: 1928

Subject to such rules as may be made under section 6, loans may be granted under this Act [1][for erecting, rebuilding or repairing houses, for building or repairing boats] or for the relief of distress to any person to whom a loan under the [2] [Agriculturists' Loans Act, 1884 (XII of 1884), cannot be granted. __________________ [1] These words were substituted for the original by Bom. 6 of 1949, Section 4. [2] See Central Acts.

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Section 4

Title: Loans already granted to be deemed to have been granted under Act

State: Maharashtra

Year: 1928

All loans granted after the 1st day of August 1927, to such persons as are referred to in section 3 for the purpose mentioned therein shall be deemed to be loans granted under this Act.

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Section 5

Title: Recovery of loans

State: Maharashtra

Year: 1928

[1]* All loans granted or deemed to have been granted under this Act, together with all interest (if any) chargeable thereon, and costs (if any) incurred in making or recovering the same shall be recoverable at the discretion of the Collector in any one or more of the following modes, namely:- (a) from the borrower-as if they were arrears of land revenue due by him; (b) from his surety (if any)-as if they were arrears of land revenue due by him; (c) out of the assets left by a deceased borrower or surety or out of the property comprised in the collateral security (if any)- according to the procedure for the realisation of land revenue by the sale of a defaulter's moveable or immovable property other than the land on which that revenue is due; (d) if the loan is for the benefit of a house, out of such house,-as if it were arrears of land revenue due in respect of the land on which the house stands. [2][Explanation.-In this section "Collector" includes a Deputy Commissioner.] __________________ [1] The figure and brackets "(1)" were repealed by Bom. 11 of 1928, Section 3, and Second Schedule. [2] This Explanation was added by Bom. 29 of 1958, Section 3(3).

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Section 6

Title: Power to make rules

State: Maharashtra

Year: 1928

.....the officers by whom loans may be granted; (c) the nature of the security, if any, to be taken for the due application and repayment of the money, the rate of interest at which and the conditions under which the loans may be granted and the manner and terms of granting loans; and (d) the instalments by which and the mode in which loans shall be repaid. _________________ [1] For Rules under this section, see Government Notification in the Finance Department No. 6004-E, dated the 1st December 1930, published in the Bombay Government Gazette, 1930, Part I. pp. 2951-58. [2] The words "Provincial Government" were substituted for the words "Local Government" by the Adaptation of Indian Laws Order in Council. [3] This word substituted for the word "Provincial" by the Adaptation of Laws Order, 1950. [4] The words "Official Gazette" were substituted for the words "Bombay Government Gazette" by the Adaptation Indian Laws Order in Council.

BOMBAY NON-AGRICULTURISTS' LOANS ACT, 1928, (Maharashtra) Section 7

Title: Repeals and Savings

State: Maharashtra

Year: 1928

Omitted by the Maharashtra Adaptation of Laws (State and Concurrent Subjects) Order, 1960.