GENERAL LOAN AND STOCK ACT

Section 8: Interest coupons.

1916Section 8 of 41Federal Republic of Nigeria

There shall be attached to every debenture coupon for the payment of the interest to become due in each half-year upon the principal represented by the debenture. The coupons shall be sufficient in number to provide for the payment of the interest, either during the whole period for which the debenture has to run, or for such limited period as the Government of the Federation may determine.

Cite this section

Section 8, GENERAL LOAN AND STOCK ACT (1916).

https://repo.podus.ai/laws/general-loan-and-stock-act/section/8/