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Article 7 .—The Agricultural and Industrial Bank of Iran can accept as
Security against loans, in addition to pledges on landed property, other forms
of security which will be specified in a Decree of the Council of Ministers.
Article 8 .—The Ministry of Finance is authorized to cede gratuitously
to the following persons out of crown lands :
A. To Abu Ghaddareh (?) and the relatives of the Vali of Pusht-i-Kuh,
a portion of the crown lands of Kermanshahan producing a yearly income of
Rials 25,660.
B. To Ghulamshah Alavi Fili, a portion of the crowm lands of Fars
producing a yearly income of Rials 12,000. The said persons will be regarded
as proprietors from the year when the ceded properties are handed over to
them.
Article 9 .—The Ministry of Finance is authorized to increase the Agri
cultural and Industrial Bank’s capital from thirty million Rials, which was
specified in former Laws, to one hundred million Rials ; the increase will be
met from the proceeds of the sale of crown lands and will be paid by the
Ministry of Finance in instalments as required.
Article 10 .—Any person who obtains and hoards goods wdiich are the
monopoly of the Government (other than by means of smuggling which is
subject to special laws), i.e., who acquires from producers or other persons an
amount of monopolized goods in excess of the amount needed for the con
sumption of himself and his family, and in this way makes it inaccessible to the
Government and to consumers will be condemned to correctional imprison
ment from 2 months to one year and to payment of a fine ranging from one
thousand to ten thousand Rials or to one of these two penalties ; in addition
the hoarded goods will be confiscated for the benefit of the Company, Insti
tution, or Department concerned. To this penalty will be condemned also
any official sales agent or authorised sellers who sell monopolized commodities
at a price higher than that fixed by the Company, Department or Institution
which holds the monopoly of the commodity in question.
Article 11. The rate of compensation for delay in the payment of claims
due to the Government which has been fixed at various scales in the relevant
laws, will be one per cent, in all cases, as from the beginning of the year 1317
(21st March, 1938).
Article 22.—The Law of the 28th Mohr, 1311 (20th October 1932),
concerning the exchange of crown lands will remain in force for a further two
years from the expiry of the period which was provided for m Article o and
the Note to the said Article of the Supplementary Budget for 1316.
Article 23.—The following Articles shall remain in force in the year
1317 i*—
A. Articles 1, 11, 12 of the Supplementary Budget Law for 1316.
B. Articles 4 and 7 of the Supplementary Budget Law for 1315.
C. Article 24 of the Supplementary Budget Law for 1314.
D. Articles 6 and 28 of the Supplementary Budget Law for 1313.
E. Article 4 of the Supplementary Budget Law for 1312.
Article 24.—The following Articles will remain in force until they are
cancelled: ^ ^ ^ i ^ t> j
A. Articles 2, 5, 6, 7, 10, 11, 17 of the Law of the Supplementary Budget
for 1317
B. Articles 2, 3, 8, 9, 10 of the Law of the Supplementary Budget for 1316.
C. Articles 8, 13, 14 of the Law of the Supplementary Budget for 1315,
rncrether with the amendment which was made in respect of their period of
validity in the Supplementary Budget for 1316.
D Articles 2<1 and 25 and paragraph 2 of Article 27 of the Law of the
Supplementary Budget for 1314, which concern technical employees of the
Government Tobacco Monopoly.
E. Articles 2, 4, 24, 30 of the Law of the Supplementary Budget for 1313.
Note.— Article 8 of the 1315 Budget and Article 21 of the 1314 Budget will be included
as part of the Budget transactions for 1316.