Section 3(1) in The Gujarat Public Moneys (Recovery of Dues) Act, 1979
(1)Where any person is a party-(a)to any agreement relating to a loan, advance or grant given to him or relating to credit in respect of or relating to hire-purchase of goods sold to him [by the State Government, the Corporation or as the case may be the Government Company] [These words were substituted and shall be deemed always to have been substituted for the words 'by the State Government or the Corporation' Gujarat 21 of 1981, Section 2.] by way of financial assistance, or(b)to any agreement relating to a loan, advance or grant given to him of relating to credit in respect of or relating to hire-purchase of goods sold to him by a bank or a "Government Company, as the case may be, under a State sponsored scheme; or(c)to any agreement relating to a guarantee given by the State Government or the Corporation in respect of a loan raised by an industrial concern, or(d)to any agreement providing that any money payable thereunder to the State Government or the Corporation shall be recoverable as arrears of land revenue;and such person-(i)makes any default in payment of the loan or advance of any instalment thereof; or(ii)having become liable under the conditions of the grant to refund the grant or any portion thereof makes any default in the refund or such grant or portion or any instalment thereof, or(iii)otherwise fails to comply with the terms of the agreement-then in the case of the State Government such officer as may be authorised in that behalf by the State Government by notification in the Official Gazette, in the case of a corporation or a Government Company, the Managing Director thereof or where there is no Managing Director the Chairman thereof by whatever name called and in the case of bank the local agent thereof by whatever name called may send to the Collector a certificate as early as possible in the prescribed form mentioning the sum due from such person and requesting^hat such sum may be recovered as if it were an arrear of land revenue.
