Section 12. Mode of recovery

12. (1) When any loan or installment or interest thereon falls due and is not paid on or before the due date, or when a loan has been declared repayable under section 10, the controlling authority may cause to be served on the borrower a notice calling upon him to pay the sums due within such time as may be fixed therein. (2) In case of default, all arrears of money payable to the Provincial Government under this Act including interest chargeable thereon and costs, if any, incurred, may be realized as arrears of land revenue.