LawgistThe National Housing Bank Act
19Power to impose conditions for accommodation
In entering into any transaction under this Chapter with any borrowing 1[institution], the National Housing Bank may impose such conditions as it may think necessary or expedient for protecting the interests of the National Housing Bank.
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1. Subs. by s. 12, ibid., for "housing finance institution" (w.e.f. 12-6-2000).
BUSINESS OF THE NATIONAL HOUSING BANK
- 14 Business of the National Housing Bank
- 15 Borrowings and acceptance of deposits by National Housing Bank
- 16 Loans in foreign currency
- 16A Assistance to borrower when to operate or a charge in the property offered as security
- 16B Amount and security to be held in trust
- 17 Power to transfer rights
- 18 Power to acquire rights
- 18A Exemption from registration
- 18B Recovery of dues as arrears of land revenue
- 19 Power to impose conditions for accommodation
- 20 Power to call for repayment before agreed period
- 21 National Housing Bank to have access to records
- 22 Validity of loan or advance not to be questioned
- 23 National Housing Bank not to make loans or advances against its own bonds or debentures
- 24 Power to inspect
- 25 Power to collect credit information
- 26 Power to publish information
- 27 Advisory services
