https://www.taxtmi.com/acts?id=8957 The scheme sets alternative temporal caps on reverse mortgage loans: where disbursed under clause (a) of Paragraph 5 the loan term is capped at twenty years from the date of signing the agreement with the approved lending institution; where disbursed under clause (b) of Paragraph 5 the loan term is limited to the borrower's residual lifetime. en-us Fri, 03 Oct 2008 14:31:45 +0530 Sun, 13 Oct 2013 16:15:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8957 The scheme sets alternative temporal caps on reverse mortgage loans: where disbursed under clause (a) of Paragraph 5 the loan term is capped at twenty years from the date of signing the agreement with the approved lending institution; where disbursed under clause (b) of Paragraph 5 the loan term is limited to the borrower's residual lifetime. Act-Rules Direct Taxes Fri, 03 Oct 2008 14:31:45 +0530 https://www.taxtmi.com/acts?id=8957