Section 26
of General Loan And Stock Ordinance Cap 51 Vol Ii
State OrdinanceIn forceProvision 25 of 37
Section 26
So long as any of the stock shall remain unredeemed, the Governor shall, in each half-year ending with the day on which the interest on such stock falls due, appropriate out of the general revenues and assets of the Colony a sum equal to one half-year’s interest on the whole of such stock, and shall remit that sum to the Crown Agents at such time as will enable them to pay thereout the then current half-year’s interest on the day when it falls due.
Mode of providing for payment of principal of stock.