Section 2
SEC. 2. All unpaid interests in favor of the Government or Government-owned or controlled corporations accruing from the first day of January, nineteen hundred and forty-two to the thirty-first day of December, nineteen hundred and forty-five, on all debts and other obligations outstand¬ing on the eighth day of December, nineteen hundred and forty-one, shall not be demandable and are hereby condoned in the following cases: (a) When the debtor was unable to pay an obligation which became due and demandable, or interests which should have been paid during the said period because of the refusal of the latter to accept payment or because of the failure of the creditors to open for business during the said period. (b) When the debtor was unable to pay an obligation which became due and demandable, or interests which should have been paid, during the said period because he was prevented from doing so by reason of his activity in the resistance movement against the enemy or his imprisonment, arrest or detention by the said enemy resulting in his inability to freely pursue his normal work. (c) When the debtor was unable to pay an obligation which became due and demandable, or interests winch should have been paid during the said period because o penury caused by the ravages of the war, financial restrictions imposed by whatever authority in connection with the prosecution by the enemy of the war, or loss of his ordinary sources of income or control over them as a result thereof. (d) When the debtor was unable to pay an obligation which became due and demandable, or the interests which should have been paid during the said period because the assets of the creditor were under the control of the and/or administered through the so-called Enemy Alien property Custodian or other enemy instrumentality, and the debtor paid the interests to it in the belief that such payment was valid and effective payment to the creditor or because of fear that failure to comply with the demand would lead to reprisals on his person or property.