Authority for grant of loans and purposes for which loans may be granted

Authority for grant of loans and purposes for which loans may be granted.

1. (1) Subject to such rules as may be made under section 17 below loans may be granted under this Act by such officer, as may, from time to time, be empowered in this behalf by the Government-
   • (a) to any person having a right to make any improvement, for the purpose of making that improvement ;
   • (b) to any proprietor or occupancy tenant of agricultural land, or to any other person ordinarily residing in a village as defined in the Jammu and Kashmir Village Panchayat Act, 1958 for the relief of distress ; or
   • (c) to any person for advancement of any other purpose directly connected with agricultural objects or pursuits.
2. (2) Loans may be granted, with the consent and in the interests of persons mentioned in clauses
   • (a) to
   • (c) of sub-section
3. (1) of this section, to any other person, for the purposes specified.
4. (3) Under special circumstances of exceptional nature, the Revenue Minister or the Minister for Rehabilitation may also recommend to Government for grant of other free aid.