Cap. 222 Art. 18Encashment of bonds.

A bond may be encashed at par before the date of its maturity on the expiration of one month after the receipt of an application in writing made at any time by the holder to the Bank for such encashment:

Provided that a holder encashing a bond before the expiration of six months after the date of purchase shall forfeit all interest that may have accrued thereon, and any interest that may have already been paid thereon shall be deducted from the par value of the bond.