S.L. 575.1 Art. 10Accrual and payment of interest.

(1) The interest on the Retail Savings Bonds shall be paid in arrears in accordance with the terms and conditions specified in the prospectus.

(2) Where the holder withdraws the funds before maturity in terms of regulation 11(2), the holder shall be entitled to the interest from the last interest payment date up to the date preceding the date of the principal repayment (both days inclusive).