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2. SIKKIM DARBAR GAZETTE, EXTRAORDINARY 23, SEPTEMBER, 1966



                             (iii) Biyaz.


                          "Biyaz" means  mortgaging  of  land  to  a  creditor  together  with  right  to  enjoy
                    the produce of that land as interest for so long as the principal loan remains unpaid.
                    3.          No person shall enter into any transaction of Dadani, Mashikata or Biyaz or

                    have any right interest, or title to any land or the produce of any land, on grounds of
                    any agreement of Dadani, Mashikata or Biyaz.
                    4.        Any obligation, in cash or kind, or any right, interest or title that may have

                    arisen  or  may  arise  out  of  the  terms  and  conditions  of  any  Dadani,  Mashikata  or
                    Biyaz, shall be void and unenforceable.

                    5.           Any creditor granting Dadani, Mashikata or Biyaz, in contravention of this
                    Act,  shall  upon  conviction  by  a  Magistrate  of  the  First  Class,  be  liable  to  a  fine
                    equivalent to double the amount advanced thereunder and may also be punished

                    with a term of imprisonment not exceeding three years.
                    6.          Any person obtaining Dadani, Mashikata or Biyaz in contravention of this Act,

                    shall upon conviction by a Magistrate of the First Class be liable, for the first offence
                    to a fine not exceeding Rs. 100.00 and in default to two week simple imprisonment,
                    and, for any subsequent offence, to a fine not exceeding Rs. 500.00 and in default

                    to two months simple imprisonment.
                    7.        Any offence under this Act shall be a cognizable one.

                    8.        No  provisions  in  this  Act  shall  be  deemed  to  affect  in  any  way  any  of  the
                    provisions of Revenue Order No. I dated I7th May, 1917.

                                 CHOGYAL OF SIKKIM

                                                                   By Order


                                                                          R.N.HALDIPUR
                                                                   Principal Administrative Officer,
                                                                        Government of Sikkim.









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