Keyword(s):
Agriculture, Agricultural Purpose, Cultivation of Land, Horticulture,
Agricultural Products, Pesticides, Sirdar, Regional Rural Bank, Agro-Service
Centre
AN
ACT
ji~rtherto anzend the Uttar Pradesh Agricultural Credit Act, 1973.
IT IS HEREBY enactcd in the Fifty-sixth Year of the Republic of India as
follows :-
- (1) This Act may be called the Ijttar Pradesh Agricultural Credit short titleand
commencement
(Amendment) Act, 2005.
(2) It shall be deemed to have come into force on September 13,2005.
Act no. 19 of 1973 - In section 2 of the Uttar Pradesh Agricultural Credit Act, 1973, hereinafter Amndment of
referred to as the principal Act, in clause (a) before the Explanation the following section of
saving
proviso shall be inserted, namely :-
“Provided that the construction of a house for personal use in rural area on
abadi land or the repair, modernization or extension thereof and purchase, storage and
acqhisition of non-conventional or alternare energy plant and machinery or matters
connected therewith shall be deemed to be an agricultural purpose for the purposes of
this Act.”
Ordinance 2005 is hereby repealed.
no. 8of
2005
(2) Notwithstanding such repeal, anything done or any action taken
under the provisions of the principal Act as amended by the Ordinance
referred to in sub-section (1) shall be deemed to have been done or taken
under the corresponding provisions of the principal Act as amended by this
Act as if this-Actwere in force at all material times.
STATEMENT OF OBJECTS AND REASONS - (1) The Uttar Pradesh Agricultural Credit (Amendment) Ordinance, Repeal and
U.P.
The Uttar Pradesh ~griculhlralCredit Act, 1973 (U.P. Act no. 10 of 1973) inter alia provides for
taking of loans from the Bank by Agriculturists for Agriculture and Agricultural purposes but the
construction of a house for personal use in rural area on abadi land or repair, modernisation or extension
thereof and purchase, storage and acquisition of non conventional or alternate energy plant and machinery
and matters connected therewith were not included in the definition of agriculture purpose due to which
the agriculturist could not get loans from the Bank for the said purposes. It was, therefore, decided to
amend the said Act to provide for taking of loans from the Bank by the agriculturists for the said purposes
also.
Since the State Legislature was not in session and immediate legislative action was necessary to
implement the aforesaid decision, the Uttar Pradesh Agricultural Credit (Amendment) Ordinance, 2005
(U.P. Ordinance no. 8 of 2005) was promulgated by the Governor on September 13,2005.
This Bill is introduced to replace the aforesaid Ordinance.
DISCLAIMER: This document is being furnished to you for your information by Blinkvisa. The contents of this document have been obtained from sources Blinkvisa believes to be reliable. These contents have not been independently verified, and PRS makes no representation or warranty as to the accuracy, completeness or correctness. In some cases the Principal Act and/or Amendment Act may not be available. Principal Acts may or may not include subsequent amendments. For authoritative text, please contact the relevant state department concerned or refer to the latest government publication or the gazette notification. Any person using this material should take their own professional and legal advice before acting on any information contained in this document. Blinkvisa or any persons connected with it do not accept any liability arising from the use of this document. Blinkvisa or any persons connected with it shall not be in any way responsible for any loss, damage, or distress to any person on account of any action taken or not taken on the basis of this document.
