44Interest

44 Interest

(1) Interest chargeable in accordance with the Act on each and every instalment of an advance:

(a) shall be payable by the borrower from the date of payment of the instalment by the Corporation; and

(b) shall be paid to the Corporation in such manner and at such time or times as the Corporation in each case determines.

Part VII Insurance of dwelling‑houses

45 Certain dwelling‑houses deemed to be insured

Dwelling‑houses in which the Corporation has an interest, not being dwelling‑houses that are otherwise insured with the Corporation or to which subsection 38 (4D) of the Act applies, shall be deemed to be insured with the Corporation.

46 Corporation may pay premiums on behalf of itself or another person

The Corporation may, in respect of dwelling‑houses in which the Corporation has an interest, pay insurance premiums on behalf of itself or another person.

Part VIIA Tenancies under section 30A of the Act