INSCRIBED STOCK (ISSUE AND RENEWALS) ACT 1912 - SECT 11 Principal and interest on stock, how payable
INSCRIBED STOCK (ISSUE AND RENEWALS) ACT 1912 - SECT 11
Principal and interest on stock, how payable11 Principal and interest on stock, how payable
The principal money due and payable in respect of any debentures or stock sold or issued under this Act shall be secured upon the Consolidated Revenue and all interest payable thereon shall be paid by the Treasurer out of the Consolidated Revenue Fund.