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Report No. 63

Chapter 9

Recommended Amendments

9.1. Recommendation as to extent clause.-

In the light of the above discussion, we recommend that in the Interest Act, 1839, a provision1 regarding territorial extent of the Act should be inserted as follows (It will have to be numbered as section 1, and the present section 1 should be re-numbered2 as section 2):

"1. This Act extends to the whole of India except the State of Jammu and Kashmir."

1. Para. 3.4, supra.

2. Para. 8.2, supra.

9.1A. Recommendation.- The preamble to the Act should be deleted.1

1. Para. 2B.1, supra.



Interest Act, 1839 Back




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