Skip to content

Section 26

of Account Schemes

State Subsidiary LegislationIn forceProvision 25 of 27

Section 26

Any overdraft authorised under this Part shall be secured on such portion of land of such Participant as the

Administrators shall think fit by a charge under the provisions of the Land Ordinance, 1930 [No. 9 of 1930.], securing the amount of any loan, interest and expenses and the due compliance with all the terms and conditions of the Scheme.