9. Registration of documents executed on behalf of a Ban"k or of the Central Mortgage Bank. — ASSAM ACT No.1 OF 1961

9. Registration of documents executed on behalf of a Ban"k or of the Central Mortgage Bank.

2 9. Registration of documents executed on behalf of a Ban"k or of the Central Mortgage Bank. I Proof of d ocuments or entries in documents. Provisions of the Act shall apply to loans advanced by Mortgage Banks from funds not borrowed from the Central Mortgage Bank. Service of Notice. Sections 102, 103 and 104 of the Transfer of PJ"09erty Act, 1882, to apply to such notices under t!J.is Act. Officers ·of Mortgage Banks and the Central Mortgage Bank sale officers 'not to bid at &ale. Delegation of certain powers by Board Powers of the State Government to make Rules. Powers o{ the Board to make regulations. THE AS5AM CO-OPERATIVE LAND MORTGAGE BANK ACT, 1960 An Act to facilitate the working of the Co-operative Laud Mortgage Ba:ak s in the State of Assam . Preamble. Whereas it is expenient to facilitate the working o f the Co-operative Land Mortgage Banks in the State of Assam with a yiew to providing for the f!Tant of long-term loans to owners of land or other immovable property to enable them to disch :.irge their debts ; to carry out agricultural improvements and to promote thrift and self-help among them, in the manner hereinafter appearino,- : and I It is hereby .. nacted in the E'.leventh Year of the Republic of .i ndia as follows:- Short title, 1. (I) This Act may be called the Assam Co-ope . extent and rative Land Mortgage Bank Act, 1960. commence· mcnt. (2 \ I 1i exter1ds to the whole of the State of Assam It come into force on such date as the State Government may, by uotification in the official Gazette, appoint. Definitions , 2. In this Act, unless there is anything repugnant in the subject or context,- (a) "Board" means the Board of Directors of the Assam Co-operative Central Land Mortgage Bank Limited. (bJ "Central Bank" means the Assam Co-operati\'e Central Land Mortgage Bank Limited. (c) "M·1rtgage Bank". means a C:>-operative Absam Act Lanrl Mortgage tank registered under tr.e I of 19SO. Assam Co.operative Societies' Act, 1949 and ad,nitted as a member of th1.. Central Mortgage Bank. (d ) "Committee" means, in relation to Mortgage Bank, the Board of Dircctur. or R)ard of Management or the Panchayat or the Committee of Management or the Governi ig B·)dy to 'A horn the management of its

Section 2