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2

Amendment of section 19, Ordinance IV of 1961

Act: Agricultural Development Bank (Second Amendment) Ordinance 1983

Section Provisions

ORDINANCE XXXV OF 1983 ORDINANCE XXXV OF 1983 AGRICULTURAL DEVELOPMENT BANK (AMENDMENT) ORDINANCE, 1983 An Ordinance further to amend the Agricultural Development Bank Ordinance, 1961 [Gazette of Pakistan, Extraordinary, Part I, 29th December, 1983] No. F. 17(1),183-Pub.-The following Ordinance made by the President is hereby published for general information :- 2. Amendment of section 19, Ordinance IV of 1961.--In the Agricultural Development Bank Ordinance, 1961 (1V of 1961), in section 19, in sub-section (1), in clause (d), for the proviso the following shall be substituted, namely :- "Provided that, where a loan not exceeding such amount as the Federal Government may, by notification in the official Gazette, specify is made to an individual agriculturist, it may be secured by a bond with one or more sureties, as the Bank may deem necessary.".