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Section 24

Period of Limitation of Government’s Liability in Respect of Interest.

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.




1. Subs. by Act 6 of 1949, s. 6, for "The Central Government" (w.e.f. 1-4-1949).