Section 243: Payment of interest.

(1) The interest due on a registered bond or securities shall be payable half yearly or quarterly on the dates specified in a trust deed made pursuant to this Act.
(2) Where any amount has become payable on any date as interest due on any registered bond or securities, interest on that amount shall, after that date, be paid or payable by a body or any other person responsible for the default in payment to any person.