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HOMES SAVINGS GRANT AMENDMENT ACT 1980 No. 158 of 1980 - SECT 4
Acceptable savings of sole applicant to include bank deposits, &c.
4. Section 21 of the Principal Act is amended-
(a) by omitting from paragraph (1) (a) "or" (last occurring);
(b) by adding at the end of sub-section (1) the following word and
paragraph:
"; or (c) that were paid by the applicant under the Inscribed Stock Act-
(i) for the purchase of stock that was, on the relevant date,
inscribed under that Act in the name of the applicant; or
(ii) for the purchase of bonds in respect of which an equivalent
amount of stock was, on the relevant date, inscribed under that
Act in the name of a bank.";
(c) by inserting in sub-section (2) ", or paid by the applicant for the
purchase of stock or bonds as mentioned in paragraph (1) (c)" after "paragraph
(1) (b)";
(d) by omitting from paragraph (2) (a) "or"; and
(e) by adding at the end of sub-section (2) the following word and
paragraph:
"; or (c) a person who, on the relevant date, was engaged to be married to the
applicant.".
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