Finance Act, 1962

Securities of Agricultural Credit Corporation, Limited.

2.—(1) Subsections (1) and (2) of section 2 of the Finance Act, 1929 , shall apply to securities issued by The Agricultural Credit Corporation, Limited, other than the debentures, debenture stock and certificates of charge referred to in those subsections in like manner as they apply to those debentures, debenture stock and certificates of charge.

(2) Clause (h) of Rule I of Case III of Schedule D of the Income Tax Act, 1918, is hereby amended by the insertion of “or other securities” after “debentures, debenture stock or certificates of charge”.