Electricity (Supply) (Amendment) Act, 1930

Amendment of section 13 of the Principal Act.

5.Section 13 of the Principal Act shall be construed and have effect and be deemed always to have had effect as if—

(a) the words “at the time of the advance” were omitted from sub-section (1) thereof; and

(b) the following sub-section were added thereto, that is to say:—

“(5) The Minister for Finance may from time to time vary the rate at which interest payable under this section is to be paid.”