First charge of a society on certain movable assets of member for the amount due by him

(1) Notwithstanding anything contained in any law for the time being in force but subject to any prior claim of the Government in respect of land revenue or any sum recoverable as land revenue as first charge, any claim, any debt or other amount due to a society from a member or past member or deceased member shall be a first charge upon the crops or other agricultural produce, cattle, fodder, agricultural implements or machinery, and any materials used in manufacturing or any finished products manufactured from such raw materials owned by or belonging to such member or past member or forming part of the estate of the deceased member, as the case may be. (2) Such charge shall be available even against any claim recoverable by the Government as if it were an arrear of land revenue notwithstanding any subsequent charge created in respect of the debt or the liability for the money to the society referred to in sub-section (1). (3) No person shall transfer any property which is subject to such charge except with the previous permission in writing of the society, which shall be held by him without such permission and notwithstanding anything contained in any law for the time being in force.