Vidhi Codex

THE GUJARAT NON-AGRICULTURISTS LOANS ACT, 1928

The Gujarat Non-Agriculturists Loans Act, 1928

Finance19287 sections

The Gujarat Non-Agriculturists Loans Act, 1928 provides a legal framework enabling the government to grant official loans to individuals who are not engaged in agriculture. It applies to non-agriculturists seeking state financial assistance within the region. The Act empowers the local government to establish detailed rules governing loan application processes, designated sanctioning officers, interest rates, required security, and repayment installment schedules. It also retroactively covers qualifying loans issued shortly before its enactment. This legislation matters because it provides structured financial relief and credit options to urban or non-farming residents, ensuring clear administrative oversight, standardized terms, and legal protection for public funds.

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  1. 0. Preamble
  2. 1. Short title.
  3. 2. Extent.
  4. 4. Loans already granted to be deemed to have been granted under Act.
  5. 6. Power to make rules.
  6. 7. The figure and brackets “ (1) ” were repealed by Bom. 11 of 1928, s. 3, and Second Schedule.
  7. 8. For Rules under this section, see Government Notification in the Finance Department No. 6004-

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