Agricultural Loans Act.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act allows owners or occupiers of land for cultivation to pledge crops growing on the land and other produce originating from the land as security for agricultural loans. The Act defines the effect of the pledge and requires contracts to be recorded with the Record Office. The Act also defines powers of creditors in relation with recovery of loans and defines the offence of fraud by the borrower.
Attached files
Web site
Notes
Consolidated version of Cap. 4 as amended by Act No. 9 of 1970 and authorized by L.N. 480/1973.
Repealed
No
Source language
English
Legislation Amendment
No