Clause 10

The interest upon the principal monies represented by stock or bearer bonds issued under the provisions of this Act shall be paid half-yearly at the office of the Authority as shall be specified in the prospectus relating to the issue of the stock or bearer bonds.

The Minister shall, in each half-yearly period ending with the day on which interest on stock or bearer bonds issued under the provisions of this Act falls due, appropriate out of the Consolidated Fund a sum equal to one half-year’s interest on the whole of the stock or bearer bonds so issued in order that the interest for that half-year may be paid therefrom.