Chhattisgarh act 007 of 2006 : Chhattisgarh Money Lending (Amendment) Act, 2005

Preamble

[Chhattisgarh Act No. 7 of 2006]

[25th January, 2006]

An Act to amend the Chhattisgarh Money Lenders Act, 1934 (No. 13 of 1934)

Be it enacted by the Chhattisgarh Legislature in the fifty sixth year of the republic of India as follows:-

Section 1. Short title, extent and commencement

1. Short title, extent and commencement.- (1) This Act may be called the Chhattisgarh Money Lenders (Amendment) Act, 2005.

(2) It shall come into force from the date of its publication in the Official Gazette.

Section 2. Amendment of section 11-C

2. Amendment of section 11-C.- (1) In sub-section (1) of Section 11-C of the Principal Act,-

For the figure and word 50 "Rupees" the figure and word "1000 Rupees" shall be substituted.

(2) In sub-section (2) of Section 11-C of the Principal Act,-

For the words "one year or two" the word "five" shall be substituted.