South Australian Consolidated Acts

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HOUSING LOANS REDEMPTION FUND ACT 1962 - SECT 9

9—Fresh advance

If a contributor repays before the due date the whole or any part of an advance in respect of which he is a contributor and within a period of three months thereafter obtains from the same approved authority a further advance repayable in full on the same date as the previous advance, he may with the approval of the Treasurer become a contributor in respect of such further advance to an amount not exceeding the amount of the advance so repaid at the same rate of contribution as that in respect of the amount of the advance so repaid, notwithstanding that he may then be not less than thirty-six years of age.



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