# 18 Power to acquire rights
The National Housing Bank shall have the right to acquire, by transfer or assignment, the rights and interests of any 1[institution] (including any other rights incidental thereto) in relation to any loan or advance made, or any amount recoverable by such institution, either in whole or in part, by the execution or issue of any instrument or by the transfer of any instrument or in any other manner in which the rights and interests in relation to such loan or advance may be lawfully transferred.
Download our fully-offline, High speed android app.- Click here
1. Subs. by Act 15 of 2000, s. 10, for "housing finance institution" (w.e.f. 12-6-2000).
BUSINESS OF THE NATIONAL HOUSING BANK
16
Loans in foreign currency16A
Assistance to borrower when to operate or a charge in the property offered as security16B
Amount and security to be held in trust17
Power to transfer rights18A
Exemption from registration18B
Recovery of dues as arrears of land revenue19
Power to impose conditions for accommodationLawyer's Registry
Click here to register for Lawgist Lawyer's Registry
