Section 20. Determination of debt

20. Notwithstanding anything contained in any other law for the time being in force, or in any contract, decree, or other instrument, the liability of a small farmer to repay any debt 3[including] interest shall not exceed twenty per cent of the gross value of agriculture produce for the year preceding the year in which the application under section 17 is made multiplied by seven and such liability shall be spread over a period of seven years to be reckoned from the date of its determination under section 19.

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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