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Section 24: Period of limitation of Government’s liability in respect of interest.

The Public Debt Act, 1944Central Act · Act 18 of 1944

Where no shorter period of limitation is fixed by any law for the time being in force, the liability of [the Government] in respect of any interest payment due on a Government security shall terminate on the expiry of six years from the date on which the amount due by way of interest became payable.

Where this provision sits

ActThe Public Debt Act, 1944
Section24
Marginal notePeriod of limitation of Government’s liability in respect of interest.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 6 of 1949. . Subs. by Act 6 of 1949, s. 6, for "The Central Government" (w.e.f. 1-4-1949).

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