Exemption from company disclosure rules for government financing firms, subject to note disclosure of unaccounted accrued interest. The Central Government directs that the provisions of clause (b) of sub section (3) of section 209 of the Companies Act shall not apply to Government companies financing industrial projects approved under the Income tax Act, insofar as those provisions relate to income from interest on loans and advances, provided any accrued interest income not recorded in the books is disclosed by way of a note in the annual accounts.