Bare ActsThe Public Debt Act, 1944

Section 24

Period of limitation of Government’s liability in respect of interest.

Amendment status not verified — confirm the current text below against the official source.

Where no shorter period of limitation is fixed by any law for the time being in force, the liability of 1 [the Government] in respect of any interest payment due on a Government security shall terminate on the expiry of six years from the date on which the amount due by way of interest became payable.

Section 24 – The Public Debt Act, 1944 | DailyLaw.ai