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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 payable

11 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.