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State of Andhra Pradesh - Section

Section 26 in Reductions and Remissions (Andhra Pradesh)

26.

Instrument furnished to or made or entered into with any of the Departments, Corps and Factories mentioned in item 24 by a contractor under which due performance of any contract is secured by the deposit of money or of Government or other securities ; and an instrument under which materials belonging to a contractor are mortgaged as security for an advance made to him by any such Department, Corps or Factory.