Amendment of Act 45 of 1974

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Full Text of the Document

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....o in sub-section (1B) of section 42 of the Reserve Bank of India Act, 1934 (2 of 1934);"; (ii) for sub-clause (iii), the following sub-clause shall be substituted with effect from the 1st day of September, 1980, namely :- '(iii) interest on any term loan sanctioned before the 18th day of June, 1980, where the agreement under which such loan has been sanctioned provides for the repayment th....