Section 2(8)(iv) in The Punjab Registration of Money-lender's Act, 1938
(iv)a loan advanced by or to the Central or any [State] [Substituted for the word 'Provincial' by the Adaptation of Laws Order, 1950.] Government or by or to any local body under the authority of the Central or any [State] [Substituted for the word 'Provincial' by the Adaptation of Laws Order, 1950.] Government;