section 3
Removal of restrictions on alienation.
The Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972Finance197231 sections5 chapters
Chapter II RIGHT OF AGRICULTURISTS TO ALIENATE LAND/INTERESTS IN LAND IN FAVOUR OF BANKS
Statutory text
Notwithstanding anything contained in any law for the time being in force or any custom or tradition, it shall be lawful for an agriculturist, whose rights of alienation of land or of any interest therein are restricted, to alienate the land or his interest therein, including by creation of a charge or mortgage on such land or interest in favour of a bank for the purpose of obtaining financial assistance from that bank.
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