Description:
''If any money borrowed in accordance with the provisions of this
Act, or any interest or costs due in respect thereof, is or are not repaid
according to the conditions of the loan, the Government, if itself the lender,
may. and, if the Government is not the lender, shall, on the application of the lender, attach the funds on the security of which the loan was
made. After such attachment, no person, except an officer appointed in this
behalf by the President of the Union, shall in any way deal with the attached
funds ; but such officer may do all acts in respect thereof which the
borrowers might have done if such attachment had not taken place, and may
apply the proceeds in satisfaction of the loan and of all interests and costs
due in respect thereof and of all expenses caused by the attachment and
subsequent proceedings...''
Source/publisher:
Government of Burma via "The Burma Code" vol. 6
Date of Publication:
1914-02-28
Date of entry:
2019-01-13
Grouping:
- Individual Documents
Category:
Geographic coverage:
- Myanmar
Countries:
Myanmar
Language:
English
Local URL:
Format:
pdf pdf
Size:
544.94 KB 435.02 KB
Resource Type:
text
Text quality:
- Easily legible