The Assam Co-operative Land Mortgage Bank (Amendment) Act, 1976

TH E AS SA M GA ZE TT E, EX TRAO RD INAY , MA R. 27, 1976 229 The 27th March 1976 No. LJ L. 37/76/9.—The folio whig Act of the Assam Legislative Assembly w hich received the assent of the Governo r is here by publ ished fo r general inform ation. ASSAM ACT IV OF 1976 (Received the assent of the Gover nor of Assam on the 24th Ma rch 1976) TH E ASSAM CO -OP ERATIVE LAND MO RTGA GE BAN K (A M ENDM EN T) ACT, 1976 An A ct fu rt h e r to a m e n d th e A ssam C o-o pera ti ve L an d M ort gage B an k Act , 1960. Prea mble. Whereas it is expedie nt further to amend the Assam Co-op era tive L and Mortgage Bank Act, 1960, Assam Act here inaf ter calle d the prin cipal Act, in the manner 1 o f 1961 ' here inaf ter app ear ing ; It is hereby enac ted in the Twe nty-sev enth Year of the Rep ubl ic of In dia as fol low s: — Short tit le , 1. (1 ) This Act may be called the Assam ex te nt and Co-operative Lan d Mortgage Bank ( Amendment ) co mm en ce- A c t 197 6. mea t. (2) It shall have the like extent as the p rinc ipal Act. (3) It shall come into force at once. Su bs titut ion 2. For clauses (a) , (b) and (c) of Section 2 of the 9f , Clauses princ ipal Act, the following shall be substitu ted,(a), (b)and , _ 0 ’ (c) of Sec- nam ety . tion 2 of Assam Ac t I of 1961. (a) “ B oar d” means the Board of Directo rs of the Central Mortgage Bank and includes Managing Body of a registered Society or by wha tever nam e such body is called but does not include the Administ rative Council of the Society. 230__ THE ASSAM GAZETTE, EXTRAORDINARY, MAR. 27, 1976 ■ > (b) “ Central Mortga ge Bank” means the Assam Co-operativ e Central Lan d Mortgage Bank Ltd. and includes any other registered Co-operativ e Society notif ied by the Sta te Governmen t in this behalf. (c) “ Mortgage Bank” means a Co-operativ e Lan d Mortgage Bank registered under the Assam Co-operativ e Societies Act, 1949 and includes any other registered Co-operat ive Societies notified by the Sta te Government in this behal f an d adm itte d as a mem ber of the Central Mor tgage Bank. U. T^ HBIL DAR, Sec retary to th e Government of Assam Law Depar tment . ca uh at i:—Prin ted and published by the Superin ter,d ent- in-charge, Prin ting Press , Directo rate of Ptg. & Sty., Government of Assam (Ex-Gazette) No .75 1,58 0+ 2,5 75-27 -3-1976.