Power of State Government to recover loan

After an order under section 13 has been passed terminating the Stato-aid in respect of any indus~ry, the State Government may, notwithstandint anything to the contrary contained in any other provision of this Act br in any other law for the time being in force, proceed to recover from the owner of the industry as an arrear of publrc demand-

1. (a) the whole amount of the Ioan outstanding together with such interest as may be due thereon ; ,or
2. (b) in case where the aid is given otherwise than by the grant of a loan, &e money value of the grant or concession asked at the. time the loai was made together with interest at such rate as may be prescribed, from the date of the grant or concession, as the caso may be, till the date of realisation ; and
3. (c) tbe cost of recovery.