The Assam Recovery of Loans (Amendment) Act, 1977
/

##### Registered No.-A.J 2.

# The Assam . Gazette

## EXTRAORDINARY

##### JtUBLISHBD BY AUTHO~ITY

<l\ 56 fi,.t~, ~~~, 29 ~f~il, 1977, 9 (f~f'if', 1899 <t~

No. 56 Olspor, Friday, 2!Jth Apr\l, 1977, 9th Va.isaklfii,

1899 (S. E.) _:-li...).===--:-··_

##### GOVERNMENT OF ASSAM

ORDERS BY THE GOVERNOR

LEGISLATIVE DEPA)lTMENT

NOTIFICATION

The 27th April 1977

No.LJL.20/77/5.-The following Act of the Assam Legislative

Assembly which received the assent of the Governor is · hereby pub-
lished for general information,


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274 -THE ASSAM GAZETTE, EXTRAORDlNARY, APRIL 29, _l9i;_

ASSAM AC1 IV OF 1977

. (R~c~ive1 the asseet of the Governor on 25th April 1977)

###### THE ASSAM RECCJVERY OF LOANS tAMENDMENT) ACT, "1977

 An

Act

to amend the Assam Recovery of Loans _Act,_ 1976.

F reambb Whereas it is expedient to amend the Assam Recovery
of Loans Act, 1976, hereinafter called the principal Act,
in the manner hereinafter [1 ] appearing ;

###### It is hereby enacted in the Twenty-eighth Year of the
Republic of India as follows :-

short title, I. ( 1) This Act may be called the Assam Recovery of
extent and Loans lAmendment) _Act,_ 1977.
commence-
ment.

(2) It shall have like extent as the principal Aqt.

(3) It shall come into force at once.

Amendment 2. ln the principal Act, in section 2, in clause (b)-
of section 2
of Assam ( a) for the items (i) to (iv), the following shall be
Act X II of

substituted, namely : -

1!:!76.

"(i) a banking company as defined in the Banking
Regulation Act, 1949 (10 of 1949);

(ii) the State Bank of India constituted under the

. State Bank of India Act, 1955 (23 of 1955) ;

(iii) a subsidiary bank as defined in the State Bank
of India (Subsidiary Banks) Act, 1959 (38 of
1959) ;

(iv) a corresponding new bank constituted under the
Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970 (5 of 1970);

(v) a Regional Rural Bank constituted under the

Regional R ural Banks Act, 19 71.! (21 of 1976) ;


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###### THE ASSAM GAZETTE, EXTRAORDINARY, APRIL 29, 1977 275

(vi) any banking institution notified by the Central Government .

under section _SI_ of the Banking Regulation Act, 1949 (I 0
###### of 1949);

(vii) the Agricultural Refinance and Development Corporation cons-
tituted under the Agricultural Refinance and Development
Corporation Act, 1963 (IO of 1963)";

I

(b) item (v) shall be renumbered as item (viii).

U. TAHBILDAR,
Secretary to **the** Govt. -of Assam
Legislative Department.

GAUHATI-Printed and published by the Supdt., i/e., Assam Govt. Printing Press

' (Ex-Gaette) No.) ll-l,625+1,008-29-4-1977.

_f_

###### J


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