Central · Act 53 of 1987

Section 18B — Recovery of dues as arrears of land revenue.

The National Housing Bank Act, 1987

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1[18B. Recovery of dues as arrears of land revenue.--Where any amount is due under an agreement to the National Housing Bank, whether acting as a trustee or otherwise, in respect of securitisation of loans of housing finance institutions and scheduled banks, the National Housing Bank may without prejudice to any other mode of recovery make an application to the State Government for the recovery of the amount due to it, and if the State Government or such authority, as that Government may specify in this behalf, is satisfied that any amount is due, it may issue a certificate for the amount to the Collector and the Collector shall proceed to recover that amount in the same manner as arrears of land revenue.]

Source footnotes

1. Ins. by s. 11, ibid. (w.e.f. 12-6-2000).

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Next · Section 19Power to impose conditions for accommodation. →All sections / सभी धाराएँThe National Housing Bank Act, 1987 →
More sections of this actSection 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Establishment and incorporation of National Housing Bank.Section 4 · Capital.Section 5 · Management.Section 6 · Board of Directors.Section 7 · Term of office of Chairman, Managing Director and other directors, service conditions, etc.Section 8 · Disqualifications.
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India Code, Government of India. Text fetched 26 Oct 2026. Source metadata reports last modification: 2019-12-02. Check the linked official text and subsequent notifications when applying a provision.

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