LOAN (INCOME EQUALIZATION DEPOSITS) ACT 1976 (REPEALED)

***** Repealed 22 February 2005 *****

PART III - REPAYMENT OF DEPOSITS

SECTION 18 REQUEST UNDER SECTION 15A, 16 OR 17 TO INCLUDE STATEMENT OF ASSESSABLE AMOUNT ETC.

18 Where a person makes a request in relation to the repayment of a deposit or a part of a deposit under section 16 or 17, the person:

(a) must include in the request a statement of the assessable amount in relation to the repayment or of the fact that there is no assessable amount; and

(b) may also include in the request a statement, together with any information required by the request form, that the person wishes to have the prescribed percentage of the assessable amount that is otherwise to be deducted under subsection 20B(1) reduced to a percentage (which may be nil percent) specified in the statement.

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