SCI EDULE.

[Sea section 3 (2)] Enactments Amended

Year No. Short title

Amendments

The Punjab Regula- tion of Accounts Act, 1930.

Afier rwrion 4, inrerl [he following

section namely :-

"4-A. (1) Every creditor who receives

repzymc~t Frcxhis d e b ! o r n n = c ~ ~ ~ ~ ! ~ t '

repqlmen!!?f

any loan advanced to him, shall fortl~rvith

givc a receip~ therefor. (2) Notwithstanding anything conmined in

-

ally other enacrmcnr for (Ile lime beins in

force in any $11 il ur prnceeding relating ru i k

loan, if the c0u1-i

that he provisions

oi suir-secrion ji j nave nor been compiica

.-...

L I - - , .L- - - - A : & - -

!-

-#.-I,

-

W ~ L ~ I

uy

L ~ C U I ~ J I

I L SIMII, iri:-~e li:iiaitiff~

claim is estabiished in whole or any part,

riisallow he whole or any podion oi ~ h c

inlercst found due, as may sccrn reasonable

diC (#J:L-L

5 2 &z2:::-!;,ys u:ulE ry,:,

and rnhy r~!rn r l i 5 3 ! ! 0 ~ cnq15- (3) The Provisions of [his section shall not

apply LO any loan madc bcfore the

commcact..rncnL

of

rhc

Punjab

Moneylending, and Debtors' Protcc~ion

Laws (Extension and Amendmen0 Act,

1960, unless any fresh transaction in respect

of such ioan is made after such

commencemen[."

1936

The Punjab Debtors' Protection Act,

1936

(1) Sections 4, 5, 6, 6A, 7 and 8 shall be

omitted and in section 10, aftcr clause (2),

the

following

clause

shall

be

added :- "(3) sub porlion crT ih~; judgcm~nr dcbtor's

land, not exceeding fiFty perccntum thereof,

s,hall not bc liable to ilttachmcnl ur sall: i l l

h e execurion of a decree for the payment Fif money as in h e opinion of rhc court,

having regard to the judgement-deblor's

incornc frdm all sourccs exccpt such income

as is dependent on the will of anolhcr

person. is sufficient to provide for rhe

rnainlenance of the judgemcn~ debt~r and

the members of his family w h o arc

dependent on him." (2) Af~ersection 11A,

insert the following

seclions. namely :- "1 ln. l'he Court may, al any rime on h c

p,,,,

lo

apliLn~ian of a judgment-dcb~or, after notice

direcr

id Uic cir-crc~-holi~i,

i i i ~ ~ i

i h ~ i

i k , ~

Giciiiiiii

pvment nf

dccre tal

cf ~ : j '

i I 2 ~ ; t ~

~;Ls:z~: iigiiiii3: hiii;, 'i,'h~ih~: ~ , ~ ~ u c ~ l ,

by

before or afier the commenccment of-the ,

instalment.

Punjab Moneylending and Debtors'

Protectio?

Law

(Ex~ension and

Amendment) Act, I Qhn: in reqpect nf a [oan

shall be paid in such numbcr of instalments

and subject io such contiitit~ns, on the dales

fixcd by il, having regard to ihc

circu~nstiinccs of tllr judgement debtor and

lhc amounr of !he dccree, as it considers fit.

During The pendcncy of an enquiry under

1hi5 swtion, Lhc court may, subject 10 such

conditions as it may impose, ordcr

the stay o f erccutiun of thc dccrcc.

Such 0rd.r shall be deem"

clro ha\?

been'passcd under scction 47 of the

,

'

Code of Civil Procedure, 1308.

,

m

.

1 IC. No money lender sh311 receivr:

,

frnm a dcbtor nr intending deh!or any

sum oLher than reasonablr costs of

investigatio~

tilie to the property,

cosls

of

stamp, registration

of

docunlc~its a11d atlicr usual our of

'

pocket expcnscs in cases where an

agrcemcnt

between

rhc

parties

includc.~ rr stipulation h a t property

I

I

i r ro be given as security or by way

1

1

of rnar!gsgc and where both pattics

I

I~~jable

under any IXF fa: rhc rime king

I

In force."