Definition of holder revised to distinguish holders before and after assent, and minor defined by Majority Act. The amendment redefines holder to mean (i) a person holding a savings certificate issued under the Act and rules at any time before the Finance Bill receives assent, and (ii) an individual holding a savings certificate issued under the Act and rules at any time on or after assent; and adds minor as a person not deemed to have attained majority under the Majority Act, 1875.
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Definition of holder revised to distinguish holders before and after assent, and minor defined by Majority Act.
The amendment redefines holder to mean (i) a person holding a savings certificate issued under the Act and rules at any time before the Finance Bill receives assent, and (ii) an individual holding a savings certificate issued under the Act and rules at any time on or after assent; and adds minor as a person not deemed to have attained majority under the Majority Act, 1875.
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