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Section 2

[(3) The provisions of sub-sections (1) and (2) shall not apply in relation to any specified agricultural produce pledged or hypothecated in favour of a bank as security for any amount advanced by such bank.

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2 [(3) The provisions of sub-sections (1) and (2) shall not apply in relation to any specified agricultural produce pledged or hypothecated in favour of a bank as security for any amount advanced by such bank. Explanation— For the purposes of this sub-section, the word ―bank‖ shall have the meaning assigned to it in the Uttar Pradesh Regulation of Money Lending Act, 1976. ]