to make advances or by a cooperative society or by a scheduled bank ; — (U.P. Act No. XIII of 1940)

2 to make advances or by a cooperative society or by a scheduled bank ; Provided that an advance recoverable from an agriculturist or from an agriculturist and other persons jointly shall not be deemed to be a loan for the purposes of this Act unless such advance was made to an agriculturist or to and agriculturist and other persons jointly.

Section 2