2[12A. Deductions for recovery of loans.--Deductions for recovery of loans granted under clause (fff) of sub-section (2) of section 7 shall be subject to any rules made by 1[appropriate Government] regulating the extent to which such loans may be granted and the rate of interest payable thereon.]

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Footnote :

1. Subs. by Act 41 of 2005, s. 3, for "the State Government" (w.e.f. 9-11-2005).
2. Ins. by Act 53 of 1964, s. 9 (w.e.f. 1-2-1965).