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← Commonwealth Development Corporation Act 1978

Commonwealth Development Corporation Act 1978 s 13

Commonwealth Development Corporation Act 1978 s 13

s 13 Power to remit interest on advances.

The Secretary of State may, with the consent of the Treasury, remit the payment by the Corporation under section 12(1) above of interest on the whole or any part of the amount outstanding in respect of an advance under section 10(1) above, being interest for such period (beginning after the commencement of the Commonwealth Development Corporation Act 1995) as he may with the consent of the Treasury determine.

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