(1) The designated committee, institution or official shall recover the principal and interest of the loan in accordance with section 46 by charging interest at 10 percent of the principal amount. However, if it is seen that any farmer will suffer during the recovery process, the said committee, organization or official may order that the principal and interest be paid in installments within a maximum of 5 years.
(2) According to this section and section 46, until the said principal and interest are fully recovered from the farmer, or within 2 years from the commencement of this section, whichever is earlier, any creditor shall collect the principal, interest or full amount of the loan other than agricultural related. Farmers will not be allowed to collect, fill or take back any number of bigos or any bulls or other agricultural implements used in farming.
(3) According to this section, if a creditor expires without collecting the loan, it will be considered that his limitation will continue for 70 days from the date of release of the withholding.