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 ... Summary
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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