Mode of payment for loans and deposits: account-payee cheque or bank draft required above prescribed monetary threshold. Receipts or repayments of monetary loans or deposits that exceed an aggregate monetary threshold in a financial year must be made by account payee cheque or bank draft; for repayment the aggregate includes principal and interest repaid. Exemptions include the Government, banking and certain statutory or notified institutions, Government companies, and persons with only agricultural income. 'Loan or deposit' is defined to mean money and, for repayment, includes repayable-after-period loans or deposits and, for non-corporates, loans or deposits of any nature.