Savings

Nothing contained in this Act shall apply to any loan advanced on a pledge in any area to which the provisions of this Act have been applied by a notification under sub-section (3) of section 1 before the expiry of three months from the date of such application, and notwithstanding anything contained in section 23 of this Act the provisions of the Tamil Nadu Debtors' Protection Act, 1934, as they stood before such application shall continue to apply to any such loan.