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LOAN (INCOME EQUALIZATION DEPOSITS) AMENDMENT ACT 1984 No. 173, 1984 - SECT 8
Repayment within 12 months on ground of financial difficulties
8. Section 16 of the Principal Act is amended by inserting after sub-section
(1) the following sub-section:
"(1A) For the purposes of the application of sub-section (1) in relation to a
conversion deposit, the conversion deposit shall be deemed to have been made
on the date of the making of the deposit, or the date of issue of the stock,
as the case may be, from which the conversion deposit was converted.".
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