Agricultural Credit Act, 1978

Application of Part IV to existing charges.

[1947, s. 38.]

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and any proceedings taken or thing done before such commencement as respects the charge under any provision of the Acts repealed by this Act shall be deemed to have been taken or done under the corresponding provision of this Act.