Vidhi Codex

The Odisha Displaced Persons (Rehabilitation Loans) Act, 1955

The Odisha Displaced Persons (Rehabilitation Loans) Act, 1955

Finance195519 sections

This law provides financial assistance in the form of loans to individuals who migrated from East Pakistan to Orissa due to the partition of India and related civil disturbances. It establishes a system for the state government and local officials to sanction these rehabilitation loans to help displaced people restart their lives. The legislation also outlines the procedures for applying for funds and ensures the government can recover the money lent, treating it as an arrear of land revenue if necessary, to support the long-term recovery of these communities.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 1. Short title, extent and commencement
  3. 2. The Bill is therefore, designed to incorporate provisions for the grant of rehabilitation loans, and for the recovery
  4. 3. Application for loan
  5. 4. Sanction of loans
  6. 5. Advance of loans and execution of loan bonds
  7. 6. Security for loan
  8. 7. Inspection of assets
  9. 8. Information, to be furnished by borrower
  10. 9. Power to require re-payment before due period. - (1)
  11. 10. Note - Under this section, the Collector is empowered to direct borrower to repay the loan in full or in part thereof with interest before the due period.
  12. 11. Power to make recovery or to take over assets
  13. 12. Delegation of powers. - Subject to the provisions of this Act-
  14. 13. Protection of action taken under the Act
  15. 14. Remission of stamp duty and registration fee. - The State
  16. 15. Retrospective application of the Act to prior loans
  17. 16. General powers of superintendence, direction and control of the Director of Relief and Rehabilitation
  18. 17. Bar of jurisdiction of Court
  19. 18. Power to make rules. - (1) The State Government may make rules

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