EPRR Act 9

Section 9 · Default in complying with an order under section 8

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- (i) If the borrower fails without reasonable cause to comply with any order under section 8, or

(ii)

if the Controlling Authority, after inspection provided for in section 8, or otherwise, is satisfied that the money lent is not being applied to the purpose or purposes for which it was lent or that the conditions on which it was lent are not being duly fulfilled,
the Controlling Authority may declare notwithstanding anything contained in the bond executed by the borrower that the loan is immediately, recoverable and shall give notice or such declaration to the borrower and the surety or sureties, if any.

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