Agricultural Credit Act, 1947

Application of Part IV to existing charges on land in favour of the Corporation.

38.—This Part applies in respect of every charge on land given before the date of the passing of this Act in favour of the Corporation and subsisting immediately before the said date and to which this Part would have been applicable if it had been in force at the time such charge was given, and any proceedings taken or thing done before the said date as respects such charge under any provision of the Acts repealed by this Act shall be deemed to have been taken or done under a corresponding provision of this Act.