Telephone Capital Act, 1963

Incorporation of sections 3 and 4 of the Telephone Capital Act, 1927.

3.—(1) Section 3 of the Telephone Capital Act, 1927 , and section 4 of that Act as amended by subsection (2) of this section, are incorporated with this Act.

(2) Section 4 of the Telephone Capital Act, 1927 , is hereby amended by the insertion in paragraph (a) of “or other securities” after “terminable annuities”.