Agriculturist’s Loans Act, 1884

1. Short title.
2. Local extent.
3. Repeal of Act X of 1879, and sections 4 and 5 of Act XV of 1880.
4. Power for State Government to make rules.
5. Recovery of loans.
6. Liability of joint-borrowers as among themselves.
An Act to amend and provide for the extension of the Northern India Takkavi Act, 1879.

Preamble

WHEREAS it is expedient to amend the Northern India Takkavi Act, 1879, and provide for its extension to [other [Part A States or Part C States] ]; It is hereby enacted as follows:-

LEGISLATIVE HISTORY 6

1. Short title:- (1) This Act may be called the Agriculturists’ Loans Act, 1884; and

(2) It shall come into force on the first day of August, 1884.

Object & Reasons6

STATE AMENDMENTS 6

2. Local extent:- (1) This section and section 3 extend to the whole of India except Part B States.

(2) The rest of this Act extends in the first instance only to [Bombay, Uttar Pradesh , Punjab, the Central , Provinces , Assam , Delhi and Ajmer-Merwara.]

(3) But any State Government may, from time to time, by notification in the Official Gazette, extend the rest of this Act to the whole or any part of the territories under its administration.

3. [Repeal of Act X of 1879, and sections 4 and 5 of Act XV of 1880.] Rep.by the Repealing Act, 1938 (1 of 1938), s.2 and Sch.

4. Power for State Government to make rules:- (1) State Government [or, in a State for which there is a Board of Revenue or Financial Commissioner, such Board or Financial Commissioner, Subject to the control of the State Government] may, from time to time, [* * *] make rules as to loans to be made to owners and occupiers of arable land, for the relief of distress, the purchase of seed or cattle, or any other purpose not specified in.the Land Improvement Loans Act, 1883, but connected with agricultural objects.

(2) All such rules shall be published in the Official Gazette.

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5. Recovery of loans:- Every loan made in accordance with such rules, all interest (If any) chargeable thereon, and costs (if any) incurred in making or recovering the same, shall, when they become due, be recoverable from the person to whom the loan and made, or from any person who has become surety for the repayment thereof, as if they were arrears of land-revenue or costs incurred in recovering the same due by the person to whom the loan was made or by his surety.

STATE AMENDMENTS 6

6. Liability of joint-borrowers as among themselves:- When a loan is made under this Act, to the members of a village community or to any other persons such terms that all of them are jointly and severally bound to the Government for the payment of the whole amount payable in respect thereof, and a statement showing the portion of that amount which as among themselves each is bound to contribute is entered upon the order granting the loan and is signed, marked, or sealed by each of them or his agent duly authorized in this behalf and by the officer making the order, that statement shall be conclusive evidence of the portion of that amount which as among themselves each of those persons is bound to contribute.

STATE AMENDMENTS 6