LOAN (INCOME EQUALIZATION DEPOSITS) ACT 1976 (REPEALED)

***** Repealed 22 February 2005 *****

PART III - REPAYMENT OF DEPOSITS

SECTION 21   DEPOSITS REPAYABLE ONLY IN CERTAIN AMOUNTS  

21    A person must not specify in a request under section 15A, 16 or 17 an amount other than:

(a)  if, apart from this section, the maximum amount that the person would be entitled to specify does not exceed $1,000 - that maximum amount; or

(b)  in any other case - an amount of $1,000 or a greater amount that is a multiple of $1,000.